Entries by Steve

Do You Need a New EIN?

Generally, businesses need a new EIN when their ownership or structure has changed. Although changing the name of your business does not require you to obtain a new EIN, you may wish to visit the Business Name Change page to find out what actions are required if you change the name of your business. The […]

Amortization & Small Business Start-Up Costs – Lawyers.com

In most cases, there’s nothing “small” about the expenses you have when you start a small business. Dozens of expenses pop up long before you actually open the doors for business. You need a place to work, supplies, furniture and probably employees. For the most part, the expenses you have at start-up are capital expenditures […]

What’s your retirement IQ? For most, it’s lousy

In survey after survey, Americans have not scored well on retirement literacy tests. But a new survey of Americans ages 60 to 75 says 80% failed a retirement income literacy test. The results of the poll, released today by the American College of Financial Services in Bryn Mawr, Pa., are pretty dismal. The poll was […]