Archive | Small Business Tips

Supreme Court: Employers Allowed to Search Employees’ Text Messages

Employees better think twice about texting at work. In a unanimous decision, the Supreme Court today ruled that government employers can legally look at their employees’ text messages on government-issued devices, if the inspection has “a legitimate work-related purpose,” AOL Small Business reported The court did not address the privacy rights of employees at private … Read More »

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More Americans Using Health Savings Accounts

Approximately 10 million Americans now use Health Savings Account-eligible insurance plans, an increase of 25 percent from last year, according to a census released by America’s Health Insurance Plans and reported by AOL Small Business. Just 1 million people used the plans in 2005. The tax-deductible accounts have become popular among some small-business owners, because … Read More »

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Survey: Employees Like Working from Home, Stealing Office Supplies

The latest employment news from the Bureau of Labor Statistics reveals a surprising trend that could be good news or bad news for small-business owners, depending on whether you’re trying to hire employees — or hang on to the ones you have, reported AOL Small Business. If you’re trying to retain top talent (and boost … Read More »

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House Approves Small Business Tax Incentives

The U.S. House of Representatives approved legislation to eliminate capital-gains taxes on some small-business investments, reported The Wall Street Journal. The House adopted the $3.5 billion in tax breaks on a 247-170 vote. The bill will be fused with a separate measure, which the House will vote on Wednesday, aimed at boosting lending to small … Read More »

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More Small Businesses Add Cash-Balance Pensions

More small firms are adding cash-balance pensions as the economy has improved, with a two-fold purpose that benefits employees: rebuilding their battered nest eggs and avoiding higher taxes, The Wall Street Journal reported. It is the prospect of higher taxes that has doctors, lawyers, plumbers and other small business operators favoring these hybrid plans, which … Read More »

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Obama Wants Congress to Help Small Businesses

WASHINGTON — President Barack Obama is again urging Congress to send him a package of tax breaks and other incentives to help small businesses grow and create jobs, reported The Associated Press. The legislation would eliminate capital gains taxes for investments in such companies and encourage people to open businesses by offering tax relief to … Read More »

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