Joseph W. Downs CPA

08/31/2015

Great article. This applies to all small employers that don't furnish health coverage to their employees. Subsidizing their costs outside of their employment triggers this.

http://msbusiness.com/2015/08/irs-drops-a-bomb-on-small-employers/

» Annual tax would be $36,500 per worker for noncompliance with Obamacare By JACK WEATHERLY Emp...

04/14/2015

New Review from a Happy Customer:

"Joe Downs is such a wonderful person to work with. He is timely, responsive and always gets the job done! He is an amazing accountant and now, friend."

08/13/2014

What motivates employees?

http://www.gaebler.com/News/Small-Business-Startup/Small-Business-Employees-Satisfied-with-Jobs,-But-Not-Happy-About-Benefits-900000678.htm

Aflac study shows that the majority of small business workers would jump ship for slightly lower compensation if it meant they would receive better benefits.

07/25/2014

A great read for every small business owner. Start succession planning early.

http://www.chrismercer.net/ownership-transition-mistakes/

Ownership transition can be difficult. It is not something that most business owners like to think about. We will all, inevitably, transfer our ownership to others, if only at death. This post discusses 5 situations business owners may find themselves in and the perils of failing to plan for an even…