Experts Say a 2020 Recession Is Likely. Here’s How to Prep Your Business
Is a recession coming? The chief strategist for Morgan Stanley thinks so. Here are a few smart ways to stay successful, even in tough times.
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Advice and information for small businesses and their talented teams.
Trending topics
Q: Can I Allow Employees to Have a Negative PTO Balance?
Yes, you can allow employees to have a negative paid time off (PTO) balance. There aren’t any federal or state...
Q: How Do I Run an Employment Background Check?
You’ve found the employee of your dreams, and you’re ready to hire! Before you sign on the dotted line and...
Q: What Is Back Pay?
If you don’t pay your employee their full wages, you may owe them back pay—an extra payment that will make...
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Starting a Business
Q: What Is a Certificate of Good Standing? And How Do I Get One?
Find out what good standing means, whether you need it, and how to get a certificate from your state.
Hiring and Growth
Q: How Do I Run an Employment Background Check?
You’ve found the employee of your dreams, and you’re ready to hire! Before you sign on the dotted line and...
Finances and Taxes
Q: What Is a Balance Sheet? [Free Template]
A balance sheet is a report that gives you a snapshot of the financial health of your business. Unlike a...
Q: What Taxes Do I Pay If I’m Self-Employed?
If you’re self-employed and earned $400 or more over the tax year, there are usually two federal taxes you’ll need to pay: self-employment tax and income tax.
Q: What Do LLCs Need to Know About Form 8832?
Form 8832 is the document LLCs send to the IRS to change their default tax classification. Most commonly, it’s used if you want your LLC to be taxed as a C corporation.
Q: What Is Back Pay?
If you don’t pay your employee their full wages, you may owe them back pay—an extra payment that will make...
Q: What Is Retro Pay? How Do I Calculate It?
Retro pay isn’t some vintage method people used to pay themselves back in the day. Short for retroactive pay, these...
Q: How Do I Fill Out Form 1120S?
If your business is an S-corp or taxed as one, you'll have to file Form 1120S as your company's federal income tax return. Here's how to do it.
Team Management
Q: How Does Disability Insurance Work?
What happens if your employee gets sick or injured and can't come into work? Long-term and short-term disability insurance is what can help that employee pay the bills while they're recovering.
Q: What Is the WARN Act?
If you’re an employer who is planning a layoff, the WARN Act may require you to give a written 60-day notice to employees and other parties. Here’s what you need to know.
Q: Is Sexual Harassment Training Mandatory in New York?
A robust sexual harassment policy can help protect your employees and your business. And if your company has employees located...
Q: Does My Business Need Workers’ Comp Insurance in New York State?
If you’re a business owner in New York with employees, you need workers’ compensation insurance. (Yes, even if all your employees are family members.)
Q: How Do I Set Up a QSEHRA (Small Business HRA)?
Not sure whether QSEHRA or small group health insurance is better for your business? We’ve got you covered.
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Paco de Leon
Founder of Hell Yeah, Bookkeeping
Ryan Robinson
Writer, entrepreneur, and small business consultant
Jeff Haden
Inc. columnist and small business management expert
Steve Strauss
Best-selling author of the Small Business Bible
Steve Friess
Washington Post + New York Times writer, small business owner
Andi Smiles
Small business financial consultant
