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How to Hire Your Children as an Employee for your Business to Save Taxes

It’s possible to save considerable amount of money in the form of tax savings by hiring your children Your kids may learn valuable business skills that they will keep for their lifetime The federal government, via tax preferential treatment encourages hiring children The work and amount of pay must be reasonable in relation to each other, and in relation to the age and knowledge of

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2024 Deadline for LLCs to Take S Corp Election Coming Up Quickly

If your small business is or perhaps more importantly will be netting you over $50,000 this tax year and you’re operating your LLC as a disregarded entity, you may be paying too much in taxes. One potential strategy on reducing your tax liability and keeping more of your hard earned money in your pocket is being smart about how your business operates. This includes for

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Life Insurance for Your SBA Loan: What Business Owners Want to Know

Starting or expanding a business often requires financial assistance, and many entrepreneurs turn to the Small Business Administration (SBA) for loans to fuel their ventures. However, securing an SBA loan typically involves meeting specific requirements, one of which may be obtaining life insurance to protect the lender’s investment. We know business and we know life insurance, and when you combine these two skill sets, you

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IRS Stops Most Unannounced Visits To Taxpayers and Businesses

The IRS has made an important announcement regarding the practice of unannounced visits by its revenue officers. This policy change comes in response to the increasing prevalence of tax scams and the resulting confusion among taxpayers when verifying the identity of IRS employees. This change prioritizes the safety of both taxpayers and IRS employees. Here is a summarized version of the key points: 1. End

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NEMT Interview – Robert Weinstein interviews Chris Buell

In this interview, Robert Weinstein learns how Chris Buell helps new and not new Non Emergency Medical Transportation NEMT operators can increase their profits and ability to manage their business. Chris is a sales consultant and has experience with two different NEMT businesses that he operated before becoming a helping hand to others.  

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Commercial Auto Symbols

Understanding Business Vehicle Insurance Symbols Have you taken a close look at your company’s vehicle insurance policy? If you have, you might’ve seen some small numbers next to the various coverages. If these numbers seem unfamiliar, here’s a breakdown: Vehicle Coverage Symbols Explained These small numbers are known as vehicle coverage symbols. They signify the kind of vehicle that’s protected by the relevant insurance limit,

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How to Maximize Your Business Vehicle Tax Deductions in 2023

The tax landscape is ever-evolving, and 2023 has brought some significant changes, especially in the realm of business vehicle tax deductions. With the potential to save thousands of dollars in taxes, understanding these changes is crucial for individuals and businesses alike. This article delves deep into the nuances of the 2023 vehicle tax deduction, offering insights and actionable advice. It’s important to note that unlocking

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How Much Professional Liability Insurance Should Attorneys Have?

As an attorney and insurance agent, it’s not surprising for attorneys to ask me how much professional liability insurance they should have. The world is changing quickly, especially with technology and with the increasing use of AI to help, the risks of malpractice have maybe not so much increased, albeit certainly have shifted in how an attorney can breach their duty to their client. To

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Cheapest Home Insurance in Eau Claire Wisconsin

Give us a call at 715-598-9924 I recently saw and read part an “article” (and that’s using the term generously) with a title of the “Cheapest Home Insurance in Wisconsin” and it became pretty clear to me quickly that the article wasn’t anything more than a paid advertisement designed to masquerade as a legitimate price comparison on nerdwallet. Ok, in fairness, it did state “among

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Understanding Contractor Bid and Performance Bonds When Working With A Government Buyer

The quick answer is government contracts require surety bonds to ensure the contractor businesses and/or people contracted with any given government buyer either perform and complete the job as expected, or there’s a third-party (the surety/bond company) on the hook to pay for another contractor to step in and finish the job (or make it right). As a fast overview, let’s first describe and define

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Using ChatGPT Can Help Your Business Grow By Helping You Write SEO Friendly Content For Your Website

If you haven’t heard of Artificial Intelligence (commonly just called AI) and the impact it’s having on marketing and pretty much everything, it’s something you want to learn about. AI technology is disrupting the world we live in, and is being called a “Google killer” because you can ask a “chat bot” relatively simple and advanced questions and get your answer without having to click

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Buying Homeowners Insurance In Wisconsin

Buying Homeowner’s Insurance in Wisconsin can be an easy or really difficult process. Ideally, you want to work with an agent who will take the time to know you, your family if you have one, and have access to the “right” insurance carrier. The “right” insurance carrier can mean different things to different people, albeit for this article, what I mean is the price is

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Starting a Michigan Taxi or Non Emergency Medical Transportation Business Is Expensive Because of Regulations

Michigan has some of the highest auto insurance costs in the country. If you’re considering starting a Taxi or Non Emergency Medical Transportation (NEMT) business in Michigan, you should know that the cost of insurance in this state is some of the highest you will find. Taxi regulations in Michigan are set by individual municipalities, but all taxi companies operating in the state must be

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Calculating Workers’ Compensation Costs Audit

That first workers’ comp audit can be quite the surprise (and nightmare) for many of my business owners with employees. This is especially true for fast growing businesses that allow their payroll to grow quickly. Generally, Workers compensation is an estimated premium policy based on expected payroll in the next 12 months, and like most business estimates, they’re rarely exact. Some workers’ comp insurance policies

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Buying a Bid Bond

If you’re a contractor requiring a bid bond for your next project, or what you hope is your next construction project, there’s not a lot to learn about bid bonds, which is the good news, however the bad news for most contractors is that the process isn’t as easy as they think. It’s understandable why so many of my contractors think buying a bid and

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Start a Party Bus Business

Ok, you’ve decided you want to be your own boss and start a business. You’ve even narrowed it down to starting a party bus business, so now what? Starting a party bus business is clearly not impossible as others are operating, albeit having the right information, and the right people surrounding you is key. In fact, a party bus company doesn’t have to be hard

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Top 10 NEMT Things to Know When Starting a Non Emergency Medical Transportation Business

Get a NEMT insurance Quote  America’s transportation industry is changing right before our eyes. The days of calling a friend, a taxi, or ambulance as the only choices for people to obtain non emergency medical transportation (NEMT) are over. As the population ages, the opportunity for business people to enter the transportation economy has never been greater, and all signs point to potential success, albeit

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Social Media Marketing Rules to Grow Your Business

Grow your company’s revenue and profits with new insight from Milwaukee’s premier product and company branding experts at Chameleon Communications. Through careful planning and execution, your business can achieve greater ROI through social media marketing than what was ever possible through traditional marketing channels. Use the following guidance to build your brand without the cost of using outside experts. Believe it or not, you are

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Party Bus Insurance For New Party Bus Companies

If you’re starting a new party bus business in your local area, you may be surprised at how much commercial auto insurance costs, so knowing your options is key to keeping your insurance costs low. Click HERE to fill out our simple online Party Bus Insurance Quote Application Depending on your state (and feel free to reach out and ask about your state, we’re here

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Business Insurance Audit Letter, Why Did I Get One and Do I Have To Fill It Out?

What is this commercial insurance audit letter I received in the mail, and do I have to complete it? When a business general liability or professional liability policy is nearing renewal (generally about 10 or 11 months into a year policy), and sometimes when an insurance policy is written and put into place insurance carriers send an audit letter(s). Usually, in a typical contractor's insurance policy,

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How To Start a Party Bus Business

Starting a party bus business encompasses many of the same requirements as any business, namely knowing the industry, understanding marketing, being able to properly price your product, scheduling, and of course the big one, customer service. Again, I want to emphasize the importance of customer service. You can have everything perfect, the right bus, the right price, the right availability, and if you fail at

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Hiring a Subcontractor, What You Need To Know For Insurance

Moving from a one person band to having employees and/or subcontractors working with you can be a significant and unexpected change for many business owners. On one hand, with more people, larger and sometimes more profitable contracts can be earned, and having other hands on the job can make quicker and more efficient work when do correctly. Like most things in life, the upside to

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Self-Employed Contractor Bookkeeping Including Online Accounting Software

Self-Employed Contractor Online Bookkeeping Service For the Single Member LLC All your typical self-employed bookkeeping requirements including your Federal Schedule C for a set montly rate. If you’re a self-employed contractor working for a 1099, you’re already busy working a full work week, and if you’re like most, the last thing you want to do is learn how to perform bookkeeping at the end of

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Payroll Service for Small Businesses Employers

Small Business Payroll Service from 1 Reason Payroll You’re busy enough running your business, the last thing you want is to learn another skillset that you won’t use enough to justify your time, money, and energy learning. Besides, accounting mistakes can cost you much more than any amount saved. 1 Reason Payroll service is here to help and can streamline your pay-as-you-go workers’ compensation into

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2017 I-9 – Employment Eligibility Verification Download For New Employees

2017 I-9 – Employment Eligibility Verification Download For New Employees Here's the form for your easy download —–>   I-9 Fillable Form     I-9 Paper Version For Printing If you want a W-4 form, click HERE   And to learn more about W-4 Forms, Click HERE Form I-9 is used for verifying the identity and employment authorization of people hired for employment in the United States.

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10 Reasons Why You're Losing Sales That You Might Have Made

In a world of online shopping and the greatest price transparency ever, it may seem logical that price is what drives a buyer's decision making, but some things never change, and one of them is price isn't the most important factor in a buyer's mind. Many salespeople seem to forget, or maybe they never understood in the first place that price, and especially the lowest

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Ryman Hospitality Properties, Inc. Declares Second Quarter Dividend

NASHVILLE, Tenn., May 10, 2024 (GLOBE NEWSWIRE) — Ryman Hospitality Properties (NYSE: RHP) (the “Company”), today announced that the Board of Directors has authorized, and the Company has declared a second quarter cash dividend of $1.10 per share of common stock, to be paid on July 15, 2024, to stockholders of record as of June 28, 2024. About Ryman Hospitality Properties, Inc.Ryman Hospitality Properties, Inc.

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Presidio Property Trust Reaches Agreement With Zuma Capital Management Appoints Elena Piliptchak to Board of Directors

SAN DIEGO, May 10, 2024 (GLOBE NEWSWIRE) — Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), announced today that it has entered into a cooperation agreement with Zuma Capital Management, LLC (“Zuma”), Ouray Capital Management, LLC (“Ouray”), Reuben Berman, Stefani Carter, Vito Garfi, Brent Morrison, Elena Piliptchak, and certain affiliated and associated persons thereof (collectively, the

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Whitestone REIT Urges Shareholders to Support Its Highly Qualified Trustee Nominees at the Annual Meeting on May 14 – Vote Today Using the White Proxy Card

Whitestone’s Turnaround Strategy Has Been Successful Under New Board / Leadership Team Our Reset Strategy Has Momentum and the Market Is Recognizing Our Accomplishments Do Not Let Erez Interrupt Our Momentum, Derail Our Strategy and Destroy Value Glass Lewis and Egan Jones, Two Leading Proxy Advisory Firms, Both Recommended that Shareholders Vote “FOR ALL” of Whitestone’s Board Nominees on the WHITE Proxy Card HOUSTON, May

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NASCAR Champion’s Luxury Estate, Home to Miss. North Carolina, Enters Market for $6 Million

Former NASCAR Champion, Robby Faggart’s Exquisite Home Hits the Market. His pageant queen daughter, McKenzie Faggart, was crowned Miss. North Carolina in 2016. 525 Lake Lynn Road 525 Lake Lynn Road has entered the market, home to NASCAR champion, Robby Faggart and his daughter McKenzie Faggart, who was crowned Miss. North Carolina in 2016. LISTING LINK : https://www.premiersothebysrealty.com/single-family/clm/car4128909/525-lake-lynn-road-concord-nc-28025 DROPBOX : https://www.dropbox.com/scl/fo/lg6584nf4vr1my9tw3ncf/APnG9lhA3o51-NMuToAMLDI?rlkey=g0ixv6rx4frcfk5fim13z5hy9&st=plszt1u7&dl=0 PHOTO CREDIT: Matthew Benham and Joseph

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Silver Spike Investment Corp. Reports First Quarter 2024 Financial Results and Announces Cash Dividend of $0.25 Per Share

NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) — Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the first quarter ended March 31, 2024. Quarter Ended 3/31/24 Highlights Total investment income of $2.8 million Net investment income (loss) of $(0.1) million, or $(0.01) per

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Americold Announces First Quarter 2024 Results

Achieves Double Digit Services Margins and Raises Annual Guidance Fully Recovered Workforce Exceeds Pre-Covid Productivity ATLANTA, GA., May 09, 2024 (GLOBE NEWSWIRE) — Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced financial and operating results for the first quarter ended March 31,

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Greystone’s Dan Sacks is Fannie Mae’s #1 Multifamily Loan Originator for 2023

Greystone is #3 Fannie Mae DUS® Lender Overall NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) — Greystone, a leading national commercial real estate finance company, announced that Senior Managing Director Dan Sacks has ranked as the #1 Multifamily Loan Originator for Fannie Mae’s Delegated Underwriting and Servicing (DUS®) platform for 2023. Mr. Sacks also ranks as the #1 originator for volume of Fannie Mae Green

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WNC & Associates Closes $302 Million Affordable Housing Fund Across 16 States

IRVINE, Calif., May 09, 2024 (GLOBE NEWSWIRE) — WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax Credit Fund 56, L.P. (Fund 56) which includes 24 multi-family properties across 16 states. Fund 56, a $302 million equity fund that closed in April 2024, is WNC’s largest multi-investor fund to date.

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Regency Centers Continues Northeast Expansion with Connecticut Acquisition

WESTPORT, Conn., May 09, 2024 (GLOBE NEWSWIRE) — Regency Centers has acquired the Compo Shopping Centers, a 76,000-square foot retail destination in the heart of Westport, Connecticut. These two centers, which are known to the market as Compo I & II, will combine operations with Regency’s existing adjacent center, Compo Acres. Together, they will be known as Compo Acres Shopping Center, and will make up

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Jay Reed Joins Greystone Real Estate Capital as Assistant Vice President, Tax Credit Underwriter

NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) — Greystone, a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) syndication platform, Greystone Real Estate Capital, has added Jay Reed as an Assistant Vice President, Tax Credit Underwriter. In this role, he is responsible for the underwriting, financial modeling and closing of LIHTC investments, reporting to Spencer Gordon, Vice

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Ceiba Groupe’s New Development, ID Oakland Park, a 106 Luxury Rental Townhome Community in Oakland Park, FL

Caption: ID Oakland Park Entranceway with Clubhouse and Pool Deck OAKLAND PARK, Fla., May 09, 2024 (GLOBE NEWSWIRE) — Ceiba Groupe’s newest multifamily development, ID Oakland Park, is now open and leasing. The 106 luxury rental townhomes are in the heart of Oakland Park, FL and represent the first exclusively for-rent townhome community in the area, with onsite professional management handled by Willow Bridge Property

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NewLake Capital Partners Reports First Quarter 2024 Financial Results

First Quarter 2024 Revenue Totaled $12.6 Million, an increase of 10.4% Year-Over-Year First Quarter 2024 Net Income Attributable to Common Stockholders Totaled $6.9 Million, Funds from Operations Totaled $10.6 Million, and Adjusted Funds from Operations Totaled $11.0 Million Conference Call and Webcast Scheduled for May 9, 2024, at 11 a.m. Eastern Time NEW CANAAN, Conn., May 09, 2024 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OCTQX:

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