The first sign that any business is in trouble often comes in the form of missed or late payroll. But missing payroll doesn’t always spell doom. In small business, cash flow is king and it can be quickly compromised by late receivables from tardy customers, seasonal lows, and of course, a general economic downturn.
However, excuses aside, not paying your employees and associated payroll and employment taxes should be avoided at all costs. Here’s why:
The U.S. Census Bureau today released findings from the American
Community Survey — the most relied-on source for detailed, up-to-date
socio-economic statistics covering every community in the nation every year —
for the combined years from 2006 to 2010.
Consisting of about 11 billion individual estimates and covering more
than 670,000 distinct geographies, the five-year estimates give even the
smallest communities timely information on more than 40 topics, such as
educational attainment, income, occupation, commuting to work, language spoken
Cloud computing is surely the buzz technology for the early 21st century. Yet, as red hot as it seems, confusion remains about what it is and what benefits it brings, as well as how secure it is for sharing and storing business information.
Cloud computing may seem like a new technology, but in truth, we’ve all used cloud computing in some way, shape or form for years. Take Facebook, for example; this social sharing site stores your comments, photos, videos and so on right up there in the cloud. Gmail, Picasa, Flickr, and others all rely on the cloud.
Guest blog post by Assistant Administrator for Weather Services
and Director of the National Weather Service Dr. Jack Hayes
As the extreme weather year of 2011 comes to a close, I
want to reflect back on this year’s events and look ahead at ways to reduce the
devastating impacts of weather on our society.
Making the right hiring decisions for your company is critical to your business success. But getting it right isn’t easy.
We all know the negative consequences of making the wrong hire – it can lower your team’s morale, hinder productivity, and even impact customer relations. But did you know that the cost of replacing an experienced worker who doesn’t work out can cost 50 percent or more of that individual’s salary, and these costs go up if the employee has specialized skills such as nursing (Source: AARP).
The world’s largest submillimeter camera—based on superconducting technology
designed by the National Institute of Standards and Technology (NIST)—is now
ready to scan the universe, including faint and faraway parts never seen
Mounted on the James Clerk Maxwell Telescope on Mauna Kea in Hawaii, the NIST
technology will help accelerate studies of the origins of stars, planets and
The new 4.5-ton SCUBA-2 camera, which contains more than 10,000 of NIST's
Although tax season is still a few weeks away, now is the time to take advantage of a basket of tax opportunities that can help your small business reduce its tax liability and save money come April 2012.
Read on for seven tips that can help you maximize your deductions and claim the credits you deserve.
Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International Trade Secretary, Department of CommerceEntrepreneurs
are a major key to U.S. economic growth. Their ideas, creativity and pioneering spirit are among our nation’s
greatest resources, and are helping to pave the road to recovery.
Guest blog post by U.S.
Assistant Secretary of Commerce for Economic Development John R. FernandezThis year, President Obama
hosted the third White House Tribal Nations Conference to hear directly
from tribal leaders about their priorities. I had the opportunity to address some of the representatives of federally
recognized tribes during a series of briefings and listening sessions hosted by the White House.
Today, Acting Deputy Secretary Rebecca Blank
participated in an event in the Department of Commerce that thanked business
leaders for their service in Industry Trade Advisory Committees while also
noting that their hard work was greatly aiding the private sector to export in