Author Archives: Barbara Weltman

Barbara Weltman is a guest SBA blogger, attorney and prolific author with such titles as "J.K. Lasser's Small Business Taxes," "J.K. Lasser's Guide to Self-Employment," and "Smooth Failing. She is also a trusted professional advocate for small businesses and entrepreneurs and publisher of Idea of the Day® and monthly e-newsletter Big Ideas for Small Business® and host of Build Your Business Radio. She has been included in the List of 100 Small Business Influencers for three years in a row.

Five Myths About Payroll Taxes

tax calculator

If you want to grow your business, you probably need to hire employees to help you. Becoming an employer and expanding your staff entails many responsibilities, one of which is seeing to payroll taxes. Unfortunately, there are many myths about these taxes. Here is the reality: 1. Myth: Transforming employees into independent contractors to save on payroll taxes is easy Reality: You probably know that it costs less to use an…

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Review Your Workplace Safety Policies

The law and good business practices require employers to provide a workplace that’s free from safety and health hazards that are known (or should be known). The failure to do so can mean lost productivity and employee dissatisfaction as well as costly lawsuits and government penalties. How do your workplace safety policies measure up? Protective gear Certain jobs require protective clothing and equipment to ensure the safety of workers. This…

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Five Best Risk Management Strategies

risk management

Being in business is exciting but it also means facing challenges and risks every day. These risks and threats to your business can come from innumerable sources, including economic conditions, lawsuits, competitors, and the weather. In order to be able to sleep at night, it’s essential that you adopt a variety of risk management strategies. These are designed to avert catastrophe and provide you with protection to the extent possible.…

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Five Strategies for Winning at Working Solo

working solo

Eighty percent of all U.S. small businesses have no employees. The number of non-employee businesses is expected to grow in coming years, due in part to the expansion of the gig economy (e.g., Uber, TaskRabbit, Thumbtack) and favorable economic conditions. Being in business with no employees means you don’t have to deal with payroll, minimum wage rules, and other employer-related responsibilities. But it doesn’t mean you are relieved of all business-owner…

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