small business tips - Herman & Co. CPA

Small Business Health Care Tax Credits

Westchester NY accountant Paul Herman has all the answers to your personal finance questions! Small Business Health Care Tax Credit Changes to the SBHCTC beginning in 2014: The credit increases to 50 percent for small businesses and 35 percent for tax-exempt employers. You must purchase insurance for your employees through SHOP.* The credit is only available to…

Incorporating: FAQs

Limiting your liability to the assets of the corporation is the primary advantage of incorporating. It is common that shareholders are not responsible for the debts or obligations of the corporation.

Limited Liability Companies: FAQs

When your limited liability protection doesn’t shield your personal assets, a good liability insurance policy will help. For example, if you are a massage therapist and you hurt a customer’s back by accident, you will be covered by your liability insurance policy.

How to Resolve a Consumer Complaint

You should first approach the seller of the item. Then, get in touch with the relevant consumer agency. If neither of the previous provides adequate results, a lawsuit can be filed or you may use arbitration.