July 13, 2016 / by Brett Hess / Small Business
Do you know how much time your salespeople spend actually selling? In many cases, sales reps spend too much time doing reporting, administrative tasks and other nonsales responsibilities assigned to them. If you can streamline your sales staff’s workflow to keep them better focused on selling, your profitability may benefit. Emphasize strengths To get started, […]
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Is your inventory getting the better of you?
July 10, 2018 / by bmc_admin / Small Business
On one level, every company’s inventory is a carefully curated collection of inanimate objects ready for sale. But, on another, it can be a confounding, slippery and unpredictable creature that can shrink too small or grow too big — despite your best efforts to keep it contained. If your inventory has been getting the better […]
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Saving tax on restricted stock awards with the Sec. 83(b) election
June 14, 2018 / by bmc_admin / Small Business, Tax
Today many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences of such compensation can be complex — subject to ordinary-income, capital gains, employment and other taxes. But if you receive restricted stock awards, you might have a tax-saving opportunity in the form of the Section […]
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Could a long-term deal ease your succession planning woes?
June 7, 2018 / by bmc_admin / Small Business
Some business owners — particularly those who founded their companies — may find it hard to give up control to a successor. Maybe you just can’t identify the right person internally to fill your shoes. While retirement isn’t in your immediate future, you know you must eventually step down. One potential solution is to find […]
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The TCJA changes some rules for deducting pass-through business losses
May 24, 2018 / by bmc_admin / Small Business
It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. The Tax Cuts and Jobs Act (TCJA) further restricts the amount of losses that sole proprietors, partners, S corporation shareholders and, typically, limited liability company (LLC) members can currently deduct […]
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2018 Q2 tax calendar: Key deadlines for businesses and other employers
April 3, 2018 / by Brett Hess / Small Business, Tax
Here are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. April […]
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What do pottery and accounting have in common?
January 26, 2017 / by Brett Hess / Small Business
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2017 Q1 tax calendar: Key deadlines for businesses and other employers
January 25, 2017 / by Brett Hess / Small Business, Tax
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2017. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. January […]
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A quick look at the President-elect’s tax plan for businesses
November 23, 2016 / by Brett Hess / Small Business, Tax
The election of Donald Trump as President of the United States could result in major tax law changes in 2017. Proposed changes spelled out in Trump’s tax reform plan released earlier this year that would affect businesses include: Reducing the top corporate income tax rate from 35% to 15%, Abolishing the corporate alternative minimum tax, […]
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Happy Labor Day
September 2, 2016 / by Brett Hess / Small Business
All of us at BMC would like to wish everyone a happy Labor Day. Thank you to all of you who put in a hard days work and keep our economy running, its what makes our nation great. God bless everyone – have a safe and restful weekend.
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Streamline your sales staff’s workflow
July 13, 2016 / by Brett Hess / Small Business
Do you know how much time your salespeople spend actually selling? In many cases, sales reps spend too much time doing reporting, administrative tasks and other nonsales responsibilities assigned to them. If you can streamline your sales staff’s workflow to keep them better focused on selling, your profitability may benefit. Emphasize strengths To get started, […]
Read more