Want to Keep Your Small Business Going Strong? Avoid Tax Identity Theft

Business Tax Identity Theft_March 2016

Among life’s inevitabilities, taxes are firmly planted — with income taxes becoming a permanent fixture in the U.S. in 1913. It was then that the 16th Amendment to the Constitution was created, giving Congress legal authority to tax the incomes of both individuals and businesses. 

With that single requirement grew many guidelines (updated regularly by the Internal Revenue Service) — along with numerous tax-related risks that could threaten to close your business, tax identity theft tops the list. Dealing with this profusion of factors can seem chaotic to any small business owner. But while taxes are inevitable, business tax identity theft doesn’t have to be. Stick to these tax basics to avoid business tax identity theft from wreaking havoc on your small business.  Continue reading

Does Your Business Plan Include Data Protection?

Business Data Protection

It’s always something …and so long as you plan for that reality, you’re on the right path. This is as true in personal life as it is in business. Except in business, owners have the added consideration of impacting the livelihood of their employees and the needs of their customers. Even the smallest business has the potential for a wide-reaching effect — will yours be a positive contribution, or a negative one? Continue reading