4th Quarter Small Business Considerations

The Year End Crunch For many, the passing of Labor Day signals the beginning of fall and the inevitable acceleration of year-end activities.  Year-end is punctuated by striving to make annual goals, completion of next year’s business plan and the number of work days reduced by holidays.  In other words, the 4th quarter is very busy and it is never too early to begin thinking about and documenting what must get done. Is Healthcare on the Radar? While not in the news as much, open enrollment for 2015 Affordable Care Act health insurance coverage begins November 15, 2014.  If you are a business owner considering offering health insurance to your employees, take time to review how the Insurance Marketplace works in your area.  The Small Business Health Options Program (SHOP) Marketplace is open to employers with 50 or fewer full time equivalent employees (FTE) and might provide an affordable way to provide health insurance to employees.  For businesses with fewer than 25 employees, health insurance costs can sometimes be offset by tax credits.  The tax credit is worth up to Read on! →