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Turning Your Small Business into a Family Business

If you’re self-employed with a family, at some point you’re going to ask yourself the question: is my small business going to become the family business? There are plenty of reasons to get your family involved in your small business. First, it helps your spouse and children understand exactly what is involved in starting a business and running it from the ground up. Second, it helps teach your children about the value of hard work and taking pride in a good job. Third, your spouse and your children are often your business’s most valuable assets!

Jul 17, 2014

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Ask The Experts: Employee or Independent Contractor

Q: I have been self employed for over 10 years and love what I do. My biggest client wants to change my classification to an employee instead of continuing as an independent contractor. Is it better for me to switch to employee or to stay as an independent contractor?

Jul 17, 2014

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Self Employed by Design

Marla Duran, Owner of Marla Duran Designs, based in Allentown, Pennsylvania, has been a NASE member since 2000. Her primary reasons for joining were for the great benefits and health insurance options. Marla’s company designs and creates women’s clothing; she gained notoriety for being on the Television show Project Runway in 2005.

Jul 17, 2014

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Will Direct Marketing Work for My Business?

Have you wondered what “Direct Marketing” is and if it would work to help grow your business. Maybe you’ve asked these questions: What type of advertising will work for my business? How often should I advertise? Where should I advertise? How much should I spend on advertising? And, the big one—How will I know if my advertising is working? Direct Marketing could work for your business—and when it’s done correctly, it’s measurable so you can know if it’s working.

Jul 17, 2014

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Passing the Health Care Buck (Huffington Post)

By now, we've all heard about the challenges and the ups-and-downs of the new health care law. From cancelled plans to delayed programs and technical glitches in online applications, the Affordable Care Act has had its share of problems. However, in the end, the Affordable Care Act -- or ACA -- has turned out to help millions of Americans young and old. Far from perfect, the Department of Health and Human Services declared success with over eight million people enrolled, and over 30 percent being young Americans aged 18-34.

Jun 30, 2014

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NASE Applauds New Home-Office Bill Designed to Help Small Business Owners Succeed

WASHINGTON, DC – The National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for self-employed and micro-businesses, today applauded the introduction of legislation that addresses address the needs of the small business owner and childcare. The Working Parents Home Office Act, introduced today by U.S. Senator Mitch McConnell (R-KY), allows working parents to deduct incidental use for childcare provided while the taxpayer is using a home office space for their business.

Jun 18, 2014

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Handling Rapid Business Growth

“While the first thing that comes to mind when a business closes its doors is that they didn’t have the customers to generate enough revenue to survive, there is another edge to the sword,” says Fairbrother. “Failure can also occur when a business grows too fast and the company can’t handle it.

Jun 12, 2014

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When the Mayor is an Entrepreneur

Gary Gygi is president of Gygi Capital Management, an investment advisory firm in Cedar Hills, Utah that he founded in 2003. The company caters to high net worth individuals, corporations and institutions. He has been managing money since 1989 and before starting his company he spent 15 years as an investment advisor and management executive for Morgan Stanley. He is also the mayor of Cedar Hills and has been a NASE member since 2003.

Jun 12, 2014

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Ask The Experts: Determining Reasonable Salaries

Q: My wife and I own a limited liability corporation. We just elected to be treated as an s corporation. We are trying to determine salary levels, and I read something about how the owner’s salary must be greater than employee’s for s corporations to minimize the chance of an IRS audit. What criteria should we use to establish our salaries.

Jun 11, 2014

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District of Columbia Implements 1 Percent Tax on all Health Care Carriers

In early May 2014, the District of Columbia (DC) City Council unanimously supported PR20-0744 — Health Benefit Exchange Authority Financial Sustainability Emergency Declaration Resolution of 2014, enacting a 1 percent tax on all health-insurance carriers with gross receipts of $50,000 or more within the District of Columbia.

Jun 11, 2014

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Courtesy of NASE.org
https://www.nase.org/news/page/86