Author Archives: burk-writer

Strategies to Help Your Business Stay in Regulatory Compliance

Regulatory compliance is essential to running a successful and sustainable business or staffing agency.   As the staffing crisis continues, many recruiting agencies find themselves struggling to manage compliance with state and federal requirements. Why Regulatory Compliance Is Important Some companies choose to prioritize other areas of their business, such as revenue generation or marketing, over […]

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Why Form an LLC?

LLCs are popular for entrepreneurs and groups seeking to launch a promising new business venture. Some common reasons why people elect to form LLCs include: Low startup cost: Often, a limited liability company costs less to establish and run than a corporation. In some states, the fees are less than $100. LLCs are an ideal business structure […]

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Business valuation can be important, the key factors that affect business valuations, and how to best estimate valuations.

Knowing the true market value of your business can be useful for many reasons, not just for selling it or raising investment. Putting a price on the company may be the first time a business owner – especially one with a small, entrepreneurial, founder-based, or family-owned business – comes to fully understand how outsiders view […]

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How to take the home office deduction without triggering an audit We are less than a month away from the April 15 tax deadline.

As of March 15, the IRS had processed nearly 71 million returns, with the average refund hovering near $3,100. The home office deduction is not allowed currently for expenses related to being a W-2 employee. [It’s] allowed only for self-employed individuals. One key requirement for the deduction is that a portion of the home needs […]

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