3 common mistakes entrepreneurs make in their startups
No startup is perfect. We’ve all made our share of mistakes. However, wise entrepreneurs learn from the blunders of others. Those who have come before have paid our tuition at the school of hard knocks. Let’s learn from them.
We’re living in the future, minus the flying cars
As much as I bemoan how often technology seems to isolate us — separating people so that we think it’s normal to be sitting at the same table all looking at our phones — in this month’s magazine, the love part of my love/hate relationship with technology came to the forefront.
Team Selling: the best potential of me is we
The best potential of me is we — Team Selling
CampusParc utilizes fact-based decision-making to increase efficiency
CampusParc, which oversees The Ohio State University’s parking, collects data on the 1.5 million annual visitors who park in the campus’s 196 surface lots and 16 garages. That abundance of data can be used to make myriad improvements, but it’s valueless unless it can be interpreted and acted upon.
How to comply with new IRS reporting requirements
Starting next year, as part of health care reform, the IRS will require anyone who has health insurance to provide the Social Security numbers of any dependents covered on their plan. As a result, many employers have been tasked with collecting that information.
A revision to federal overtime rules could leave employers in a tough spot
Employers that have chosen to look the other way as employees rack up unpaid off-the-clock hours to get their work done may soon have a problem. The Department of Labor has proposed a rule that would drastically change its interpretation of overtime exemptions, says Jeffrey C. Miller of Kegler, Brown, Hill + Ritter.
Looking ahead to see what’s on the horizon with the ACA
As the Affordable Care Act continues to roll out, there are requirements that will take effect in 2016 and 2018 that companies must contend with — measurement periods that will define who among a company’s employees are eligible for benefits and a coming Cadillac tax.
Elderly parents and their finances: Having the transition conversation
It’s important for aging parents to talk with their sons and daughters about their assets so that when the time comes for the children to take over their parents’ finances it’s an easy transition.
How to prepare your employees for EMV corporate credit cards
Credit cards embedded with EMV microchip technology will soon become the new standard in the U.S. These cards use personal identification numbers (PINs) and dynamic codes to protect transactions, but the transition to new cards and card-accepting terminals may come with a few hiccups.
What companies can do now to get ready for the 2016 tax season
It’s time to do your business tax planning and, just like a doctor’s check-up, if you decide to skip it, you may regret it. Tracy Kaufman, a principal, and Joe Popp, a tax manager, at Rea & Associates, about some best practices that will help your company prepare for the upcoming tax season.