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What Illinois Secure Choice Retirement Means for Your Small Business or Non-Profit

Nancy McClelland, LLC

There have been rumblings in the news for quite some time now about small businesses being required to provide retirement plans for their employees — but most owners seem to be turning a deaf ear, presuming that their small size exempts them from the requirement. Why Is Illinois Making Small Business Owners Do This?

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What Illinois Secure Choice Retirement Means for Your Small Business or Non-Profit

Nancy McClelland, LLC

There have been rumblings in the news for quite some time now about small businesses being required to provide retirement plans for their employees — but most owners seem to be turning a deaf ear, presuming that their small size exempts them from the requirement. Why Is Illinois Making Small Business Owners Do This?

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Year-End Reminders For Chicago Small Business Owners

Nancy McClelland, LLC

Chicago businesses should take a moment to review upcoming changes before year-end. If a tipped worker’s wages plus tips do not equal at least the full minimum wage, the employer must make up the difference. Employees are capped at accruing a total of 40 hours of sick leave each year, unless the employer opts to set a higher limit.

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Accounting for Startups

inDinero Accounting

How to Select the Right Startup Accountant Getting Started with Startup Accounting Oftentimes, accounting for startups is left to whoever is best at managing data in the company – or if no one – one more job for the founder. Accountants’ specialized knowledge can support your startup business in many ways. To go public.

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Accounting for Startups

inDinero Accounting

How to Select the Right Startup Accountant. If your startup is relying on the person who’s best at numbers for your accounting, you can be setting yourself up for failure like: Misinterpreting cash flows. Accountants’ specialized knowledge can support your startup business in many ways. The numbers are just small.

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How are LLCs taxed? LLC tax benefits and tips to reduce taxes

ThomsonReuters

Jump to: How are LLCs taxed? How can an LLC reduce its taxes? Managing an LLC As a business structure, the primary purpose of an LLC is to protect the owners’ personal assets from debt collection and lawsuits aimed at the LLC. How are LLCs taxed? This is how LLCs avoid double taxation (i.e.,

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