Industry events such as the Water Garden Expo in February are a good way to gain know-how, find new suppliers and network with others in the industry. Best of all, Uncle Sam, in the form of our tax laws, isMore…
Attracting Quality Pond Construction Workers with Fringe Benefits
Whether the result of a booming economy, tighter immigration laws or an educational system gone astray, finding qualified pond construction job applicants has become increasingly more difficult for those in this industry. Even more troubling for smaller businesses isMore…
Changes in Pass-Through Income Tax: How Do They Effect You?
Pass-through business entities, garden pond professionals operating as partnerships, limited liability companies (LLCs), S corporations and sole proprietorships have long been extremely popular. In fact, one form of pass-through business entity, the S corporation, is currently the most used businessMore…
Small-Business Tax Tips: Reasonable Compensation
Since 2010, small-business owners have seen a significant uptick in reasonable compensation challenges, as the IRS has increasingly trained its tax examiners to examine payroll tax issues — among them, reasonable compensation. After all, the payment of a salary inMore…
Pond Business | Tips for Last-Minute Tax Savings
Regardless of when you plan, the goal with any planning is to keep the tax bill at a legal minimum, year after year. So, keeping in mind that a garden pond professional’s obligation is to pay their fair share ofMore…
Coming Soon: A Cashless World for Pond Installers
The world is going cashless. Should you?
The continued use of cash is surprising, given its inconveniences and the risk consumers face in carrying it around. Love it or hate it, however, cash is playing an increasingly smaller role in society, especially with pond retailers, distributors, andMore…
Pond Business | 2015 Tax Season Coming
Thanks to the Supreme Court’s late-June decision in King v. Burwell, many garden pond professionals will escape at least some of the sharply escalating costs of the Affordable Care Act (ACA). That Court decision should, however, be a wake-up callMore…
Contractor Crackdown: The heavy cost of misclassified workers
Many pond companies use independent contractors to cut down on labor costs and get projects finished. But thanks to new legislation, the IRS has much different standards for what constitutes a “nonemployee” than you might realize — and miscategorizing yourMore…
Buying for Business: Making smart capital purchases
Do you understand the nuances of capital purchases? Are you using these nuances to your advantage? If not, you may be making critical mistakes that cost you money each time your company buys equipment. In this must-read, in-depth article, MarkMore…
The Not-So-Affordable Care Act
The full implementation of the Affordable Care Act (also known as Obamacare) is just months away. Is your pond business ready to weather the change? Find out how this new law will impact your small business — and how toMore…