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EcommerceBusiness

How Can Small Ecommerce Businesses Compete With the Big Guys?

By Tobin O’Connor Concino P.C. |

The COVID-19 pandemic did not break us entrepreneurs, but it taught us things about ourselves that we didn’t know.  Entrepreneurship always requires you to adapt to changing conditions, and local businesses that were able to pivot to ecommerce during the pandemic managed to attract a new clientele while keeping the old one.  Of course,… Read More »

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EstPlan11

Maryland Escheatment Laws

By Tobin O’Connor Concino P.C. |

You have probably heard stories of estate research firms that try to match cash-strapped people with the estates of long-lost relatives who have recently died, and from whom the clients could inherit.  The whole business sounds sleazy, from the sense of entitlement required to ask perfect strangers for large sums of money, while striking… Read More »

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SmallBusiness

Can Third Party Logistics Services Help Your Small Business?

By Tobin O’Connor Concino P.C. |

Entrepreneurship blogs will tell you that there are $10 per hour tasks, such as printing shipping labels and sticking them on boxes, $100 per hour tasks, such as making a promotional video for your new product, and $1,000 per hour tasks, such as negotiating a long-term deal with a new client.  They will encourage… Read More »

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CommLiti

The No Surprises Act, Two Years On

By Tobin O’Connor Concino P.C. |

It is rare to hear good news these days about the physical or financial health of the American public, or especially about the cost of healthcare, but a recent report by the Urban Institute offers an optimistic view of the No Surprises Act, which was signed into law in 2021 and went into effect… Read More »

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OlderDriver

What Personal Representatives of Estates Should Know About Probate for Snowbirds

By Tobin O’Connor Concino P.C. |

So, your parents just told you that they plan to designate you as personal representative of your estate.  You will have a chance to talk to them about their estate plan in more detail soon, because they are just about to drive back to Maryland from Florida, where they have just finished spending the… Read More »

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BusPlan

How Is Your Restaurant Coping With Initiative 82?

By Tobin O’Connor Concino P.C. |

Initiative 82, which will phase out the tipped minimum wage in Washington, D.C.by raising it gradually over the next several years, aims to help restaurant servers and other employees who derive a significant portion of their income from customer tips.  The Washington, D.C. area is one of the most expensive places to live in… Read More »

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Bank5

Subchapter V Can Help Small Businesses Restructure Their Debt

By Tobin O’Connor Concino P.C. |

In personal finance, “debt” and “bankruptcy” are dirty words.  People often try to avoid filing for personal bankruptcy unless they have no other choice.  In business, however, debt is just a normal part of life.  Personal financial goals are usually about saving for the future so that there is something left for your descendants… Read More »

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Declutter2

Ease Your Way Into Retirement With a Manageable Decluttering Goal This Summer

By Tobin O’Connor Concino P.C. |

Now that you are retired, you may never have to make plans or set goals again, and that is a scary thought.  You have been putting off making plans for retirement, and now that you have finished the leftover food from your retirement party, you are at loose ends.  You have already written a… Read More »

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ParentsAdult

How 50 Somethings Can Unbundle Their Finances From Those Of Their Adult Children

By Tobin O’Connor Concino P.C. |

Family togetherness is a beautiful thing.  If your family stays together through times of prosperity and financial hardship, this is something to celebrate.  Meanwhile, the key to discord is to be in each other’s business about every decision, especially financial decisions.  Some happily married couples will tell you that one reason they get along… Read More »

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AgingParent

When Nursing Home Plans Fall Through

By Tobin O’Connor Concino P.C. |

A career in Washington DC is exciting; you may feel that you are at the center of the universe and your children get to see firsthand what most people only get to read about in news headlines.  You might decide that, even after retirement, you never want to leave D.C.; how dull must the… Read More »

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