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New Tax on Net Investment Income

New Tax on Net Investment Income

As part of the changes to the Medicare System and the Affordable Care Act, on January 1, 2013 came into force a new type of tax: the Net Investment Income Tax (NIIT).

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Delaware Incorporations: A Myth Undone

Delaware Incorporations: A Myth Undone

One of the great myths that, as consultants, we encounter every day is that of the benefits of incorporating your business in the state of Delaware. Multiple entrepreneurs have been persuaded by unscrupulous people to establish their businesses in Delaware or Nevada under the premise that they will not pay taxes, when in actuality they don’t get any real benefit by incorporating their business in these states, and may even incur additional expenses.

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Looking to Expand Your Business? Become a Government Contractor

Looking to Expand Your Business? Become a Government Contractor

Small and medium size companies are in an advantageous position when they become government contractors. Thanks to regulations implemented to help advance the economy, any company can become a qualified supplier through the U.S. government records and certifications for small and medium enterprises.

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Keeping Your Employees Happy and Productive: 5 Simple Tips.

Keeping Your Employees Happy and Productive: 5 Simple Tips.

One of most valuable skills you can have as a small business manager is the ability to engage and challenge the people you employ. To keep everyone motivated, one of the best things you can do is encourage employees to participate as partners in the business. This does not mean they have joint ownership in the company, but it does mean that everyone who works for you is personally invested in the company’s success and growth.

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