SelfInformed

September 2015

  • 7 Fundamentals Of Growing Your Business

    Sep 23, 2015

    You’re in business for yourself. And it’s an exciting ride! You want to prosper and grow your business. Have you ever thought about what steps to take to strategically grow your business? 1. SET GOALS Write it down. What are your financial goals for the year? The quarter? Break down how you will achieve these goals. How many widgets do you need to sell? Or how many insurance policies do you need to write? Put your goals in a frame in a place where you can see it throughout the day.

  • Does Forming an LLC Reduce My Taxes?

    Sep 23, 2015

    Q: As a real estate agent for residential property, should I form an LLC to reduce my taxes? A: The easiest and quickest answer to your question is simply NO! The first key point to consider is that the form of entity under which you choose to operate will not have a material impact on your overall income tax liability.

  • Applying Self-Employment

    Sep 23, 2015

    Russel Edwards is the owner of Major Appliance HQ, a family owned and operated appliance business for 40 years located in Chuckey, Tennessee. Major Appliance HQ serves the local community not just as a place where customers can purchase appliances for their homes but also rely on to install and service their appliances properly.

  • DOL New Overtime Rule Impacts Small Business

    Sep 23, 2015

    Under a proposed rule issued by the Department of Labor, millions of exempted employees would become eligible for overtime and would raise workers’ wages by $1.2 billion in a plan outlined by Secretary Perez. The salary threshold for an employee to be eligible for overtime would be raised to about $970 week/$50,440 annually and the threshold for highly compensated employees would move from $100,000 to $122,148.

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