Barbara Weltman


How to Choose a Calendar or Fiscal Year

You've probably noticed that not every business closes its books on December 31. Here's what goes into deciding on a financial reporting period.

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Recent Articles about Barbara Weltman

How to Start a Sole Proprietorship

Sole proprietorships are so easy to establish that you may already own one without realizing it -- all the more reason for getting set up properly so that yo...  Read more

Obese Employees Cost Companies More

A new study suggests that investing in wellness programs may pay off on the bottom line.  Read more

For Small Businesses, an Annual Nightmare

Three out of four business owners say tax season cuts into their day-to-day operations, according to a new study.  Read more

What do you think the most important trend affecting small business will be?

Law & Taxation mentor Barbara Weltman responds to the following questions: What do you think the most important trend affectin...  Read more

How do I change my corporate structure?

Law & Taxation mentor Barbara Weltman responds to the following question from an inc.com user: How do I change my corporate stru...  Read more

Do I need to change my corporate structure?

Law & Taxation mentor Barbara Weltman responds to the following question from an inc.com user: I set up my home building busines...  Read more

What roles do the members of an LLC play?

Law & Taxation mentor Barbara Weltman responds to the following question from an inc.com user: What roles do the members of an ...  Read more

How do I determine whether someone is an employee or an independent contractor?

Law & Taxation mentor Barbara Weltman responds to the following question from an inc.com user: My company is trying to figure ou...  Read more

10 Steps to Year-End Tax Planning

As the eggnog starts to flow during the holiday season, far too many business owners overlook last-minute opportunities to take control of their tax pict...  Read more

10 Steps to Year-End Tax Planning

As the eggnog starts to flow during the holiday season, far too many business owners overlook last-minute opportunities to take control of their tax pict...  Read more

Choosing a Form for Your Business

Choosing the right form for your business may be important to your future success. What is the right structure for your business? When should you change corp...  Read more

Choosing a Form for Your Business

Choosing the right form for your business may be important to your future success. What is the right structure for your business? When should you change corp...  Read more

Choosing a Form for Your Business

Choosing the right form for your business may be important to your future success. What is the right structure for your business? When should you change corp...  Read more

How to Reduce Your Small Business Tax Bill

A look at helpful year-end tax tips, advice on making smart elections, and good tax resources for the small business owner.  Read more

How to Structure a Partnership

Partnerships are incredibly common--and incredibly hard to sustain. Here's how to set up a partnership that is equitable, efficient, and mutually rewarding.  Read more

I'll be the sole owner of a party production company. Which form should my business take?

Law & Taxation mentor Barbara Weltman responds: As the sole owner, your choices are limited to sole proprietorship, S corporation,...  Read more

What's New on Your Return for 2003?

Tax law changes over the past several years have brought new write-off opportunities for small-business owners. If you haven't already looked, your 2003 r...  Read more

I run a sideline home business but have a full-time day job. Can I claim a home office deduction?

Law & Taxation mentor Barbara Weltman responds: As long as your sideline business is the principal place of business for that acti...  Read more

How to Write Off Travel and Entertainment Expenses

Are you perplexed by the 13-page IRS guidelines for deducting travel and entertainment expenses? Inc.com's shorter (less complicated) guide will help you fin...  Read more

How to Set Up a Home-Based Business

Here's what you should consider before you decide to run a company from your home.  Read more

The Pros and Cons of Setting Up a C Corp

Converting a company to a C Corp can help you establish some legal and financial separation between you and your business. But the switch involves more paper...  Read more

Safeguarding Intellectual Property

Trademarks, copyrights and patents aren't just for big corporations. Everything from your company's name to its management style is worth protecti...  Read more

I just hired my first employee. What are my federal tax responsibilities as an employer?

Law & Taxation mentor Barbara Weltman responds: You have to follow certain steps to avoid getting into trouble with the IRS. <...  Read more

The Big Stimulus: What's in it for Small Business?

What the $819 billion dollar plan could do for your business.  Read more

The Big Stimulus: What's in it for Small Business?

What the $819 billion dollar plan could do for your business.  Read more

Employment Taxes for Small Employers

Having employees is a benefit that comes with many responsibilities. While employers gain valuable assistance from their staff, they must comply with tim...  Read more

What's New for 2004

April 15, 2004, is the due date for the first installment of estimated tax--something that sole proprietors and owners of pass-through entities should not...  Read more

Audit Risk for S Corporations

Today, S corporations are the most popular corporate form of doing business, with nearly 60% of all corporations now filing Form 1120S, U.S. Income T...  Read more

Setting Up a Home Office

There are lots of reasons for today's boom in people working from home. Telecommunications and computer technology are cheap and user-...  Read more

Setting Up a Home Office

There are lots of reasons for today's boom in people working from home. Telecommunications and computer technology are cheap and user-...  Read more

Ask Martha

Can't find what you're looking for? Veteran small-business journalist Martha E. Mangelsdorf guides you to the information you need. Read more

The Latest on the iPad

Are you paying yourself enough? When you're the boss, figuring out the right amount to pay yourself can be tricky. There are tax implicat...  Read more

Paperwork Relief for 950,000 Small Employers

If you pay wages to one or more employees that total no more than about $4,000 a year (so that your employment tax payments do not exceed $1,000), as is t...  Read more

Companies Embracing Holiday Cheer

Dec. 12, 2005 --Swept up in the holiday spirit, or perhaps too much eggnog, small-business owners are saying thanks to their employees by ...  Read more

President Signs Stimulus Today

After weeks of debate, negotiation and squabbling, the stimulus package will finally hit the street.  Read more

Six Ways to Position Your Company for Success

What do you think the most important trend affecting small business will be? How best can owners position their companies to take advantage of it? We pose...  Read more

Sarah the CEO?

On the campaign trail, Republican vice presidential nominee Sarah Palin is quick to tout her "executive experience" -- including what she says is her backgro...  Read more

Non-Taxing Matters

A small-business automation expert looks at several popular tax preparation software packages.  Read more