Tax laws are ever-changing, and this year is no exception. This year for 2016 tax filings, the usual April 15th deadline for Partnerships (Form 1065) is March 15th.
This change is due to a bill that was signed in 2015 called the Surface Transportation and Veterans Health Care Choice Improvement Act. Though this bill deals primarily with highway infrastructure funding, it has a large impact on business tax returns, including the deadline change.
At some point in every growing business, it becomes apparent that moving forward will require raising cash. Whether it’s to buy or replace equipment and other assets, hire new staff, move to a bigger facility, or any of the other elements that come into play when a company is expanding, business owners often find themselves at a crossroads.
Topics: Strategic Planning
Topics: Strategic Planning
Learn how others do it. Download our guide to growth.
A key repetitive promise from then-candidate Donald Trump was that he would bring back jobs—especially manufacturing jobs.
Although I wish him well, I have my concerns.
The Business Bank of Texas Board of Directors has officially appointed Alyssa Becker to the title of Assistant Vice President — Operations. Ms. Becker has been with Business Bank of Texas for over 4 years. During her tenure with us, Alyssa has worked in lobby services and as an assistant controller.
Everyone in business is either a Hunter or a Farmer. The working style that fits you best isn’t really a matter of choice, nor is it determined by your job description. It is ingrained by eons of cultural evolution.
Hunters are linear. It is their nature to focus on the kill. A hunter moves towards a goal, and on reaching it begins to immediately look for another objective to accomplish. A farmer’s work is cyclical, tracking the seasons from planting to harvest. Their evolutionary traits apply to an office environment as well as the outdoors.
Is your business as profitable as it could be? Are you spending a reasonable amount considering how much you're bringing in? Could you be doing things better or more efficiently?
If you run a business, questions like these probably come to mind on a regular basis. With all the other responsibilities you're balancing, it's entirely possible for such thoughts to enter your head fleetingly and then get buried under everything else you have to do – but they shouldn't.
“How much do you earn at your current job?”
Whether you are an employer asking the question or a job candidate who is responding, this particular query tends to lead to discomfort.
Despite the uneasiness it may generate, many employers still commonly inquire about current and past earnings as part of the interview process. They often ask the question because a candidate’s responses can offer insight into their motivations, their personal assessment of their own value and their expectations for future earning potential. Asking this question can also demonstrate whether or not candidates conducted any research prior to the job interview on the pay trends of the overall industry and the company that is hiring.
Topics: Human Resources
One of the single most important pieces of advice you can get is to document business decisions and put all business agreements in writing. Verbal understandings are extremely difficult to enforce and resolving contract disputes can be very time consuming and expensive.