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Your Complete Source for Small Business,
Tax, Legal, & Financial Information

Big Ideas for Small Business® is dedicated to providing small businesses with the tools they need to gain a solid foundation and future financial success. With counsel for almost every facet of entrepreneurial finance, Barbara Weltman is your source for the right ideas for growing your business.

  • 40 years of legal and small business experience
  • Easy-to-implement principles available in multiple medias
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Idea of the Day®

July 17, 2018

SBA’s Lender Connection

The SBA’s Lender Match is a free online referral service tool connecting small businesses with participating SBA lenders. Answer a few questions describing your needs and get matched in 2 days. You can compare rates, terms, fees, etc. and then submit an application.

New blog post today! Do You Speak Gig Economy?

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Big Ideas For Your Business

Resources For Your Business
  • Do You Speak Gig Economy?

    The gig economy was a term coined in the Great Recession (officially from December 2007 through June 2009) when mass layoffs (about 7% of all jobs) forced many workers to seek a number of part-time jobs in order to make a living. At the same time, a number of platforms, such as Uber (founded 2009), Fiverr (2010), and TaskRabbit (founded 2008) began to offer work when and to the extent the worker was available. Last month the Bureau of Labor Statistics released a report on contingent and alternative employment arrangements. This report said that there were 5.9 million workers as […]

  • Pet Policy in Your Workplace

    Each year for the past 20 years, the Friday following Father’s Day is Take Your Dog to Work Day. This unofficial event has grown in popularity, and the trend is likely to continue. According to a survey 2 years ago by Wellness Natural Pet Food, 37% of workers would give up benefits (vacations, working from home, etc.) to be able to bring their pets to work.  Nearly half (46%) said bringing their pet to work would improve their mood. And another survey found that permitted employees to bring their pets to work increases company loyalty. This prompts me to ask […]

  • 5 Business Myths Debunked

    According to the Google dictionary, a myth is a widely held but false belief or idea. In my view, myths persist because there is an element of truth in them; they aren’t entirely false. When it comes to business, there are myths that continue to be accepted as truth. But are they? 1) Myth: You need a written business plan to start a business. Reality: You certainly need a plan, but you don’t necessarily need a formal written plan. According to business plan expert Tim Berry, the plan doesn’t necessarily have to be long or contain extensive market research. You […]

  • It’s axiomatic that business owners want their companies to grow, and for many that’s exactly what’s happening in this economy. The rewards of growth mean more money coming in that can be used to hire additional employees, invest in new equipment, pay off loans, and save for future activities. However, rapid growth can trigger some problems that need to be addressed. Here are some of the risks, and what you can do about them. Understaffing In order to handle more business activities, you’ll likely need to put more people on the payroll. While you can outsource some tasks (e.g., fulfillment) […]

  • On June 21, 2018, the U.S. Supreme Court, in a 5-4 decision, changed a position it had held for decades. Back in the early 90’s, the Court, in a case called Quill Corp. v. North Dakota, said states couldn’t require merchants to collect sales taxes unless they had a physical presence within their borders. Now, the Supreme Court has reversed its position, saying that states can require online retailers to collect sales taxes on what’s sold within their states. State Sales Tax Rules The case, called South Dakota v. Wayfair, Inc., focused specifically on South Dakota’s law requiring online retailers […]

  • If your employees pay for some business expenses, they’re going to be in for a big surprise when they file their 2018 returns in 2019. They won’t be able to deduct anything. The reason: The Tax Cuts and Jobs Act suspended for 2018 through 2025 miscellaneous itemized deductions subject to the 2%-of-adjusted-gross-income floor. So, for example, if they drive their personal vehicle on company business, they’re out of luck taxwise. But as an employer, you may be able to help employees by covering certain costs or taking other actions. Here are two options to consider: Use an accountable plan You […]


Resources For Your Business

Book Interview - J.K. Lasser's Small Business Taxes 2018

10 Summertime Actions for Your Business


July 17, 2018


July–August 2018

barbara’s books

  • The ultimate money-saving tax guide for the small business owner.   J.K. Lasser's Small Business Taxes is designed to help business owners make sense of their taxes and file correctly, on time, without over- or under-paying.  Written in a straightforward and accessible style, this reliable resource offers a complete overview of small business tax planning and provides you with the information needed to make tax-smart decisions throughout the year. Focusing on strategies that help you use deductions and tax credits effectively, shield business income, and maximize other aspects of small business taxes, this practical guide will show you how your actions in business today can affect your bottom line from a tax perspective tomorrow.
  • The complete guide to all deductions and credits for individual taxpayers.   J.K. Lasser's 1001 Deductions and Tax Breaks shows you just how much money you can save on your taxes—legally—simply by taking advantage of what's out there. Millions of Americans overpay their taxes by billions of dollars every year, because constantly evolving laws and regulations make keeping track of deductions and breaks next to impossible for the everyday taxpayer. This book helps you put a stop to overpayment so you can keep more of your hard-earned money. Fully updated to reflect the latest rulings and laws — including an e-supplement with the latest tax developments from the IRS and Congress — this book answers all of your "Can I claim…" questions with guidance from the nation's most trusted tax advisors.
  • Tax facts and strategies every self-employed person needs to know As a self-employed person you have to handle many, if not all, of the aspects of running your business. J.K. Lasser's Guide to Self-Employment is intended to help you with some business aspects with which you may not be familiar—but which have a great impact on your bottom line. It skillfully focuses on taxes as well as many legal and financial matters that may pertain to your business.3
  • Smooth Failing - Living Edition

    This is the Living Edition of Smooth Failing. New stories from business leaders on their business failures and the lessons learned will be added regularly at no additional cost. Alerts will be sent out automatically when each new version is available. Specific requests and challenges can be submitted by the reader for future consideration and these will dictate how often and how many additional stories will be made available.
  • Small Business Survival Book

    12 surefire ways for your business to survive and thrive! Owning a small business can be a fulfilling and financially rewarding experience, but to be successful, you must know what to do while the business is up and running, and, most importantly, what to do when the business runs into trouble. This book is definitely part of what you need to succeed!
  • As Vicki Raeburn of Dun & Bradstreet notes in the forward, "...the successful creation of credit by small business has a significant effect on one of the most important business drivers, namely cash flow. ...     [This book has] the information needed to understand and build business credit."


  • " Your blogs contain information that everyone can use!
    As a tax attorney and small business specialist, Barbara has a lot of great information to share. Barbara, your blogs contain information that everyone can use!  Your newly-expanded ebook, "175+ Big Ideas for Small Business" ebook has lots of great recommendations for small business owners. ”

    -Lisa Rubenfeld

  • " Best information for a small business owner!
    For a small business owner, the information [in your book] is absolutely one of the best I’ve come across! Thanks so much for the break-down of information. ”

    -Michelle Joe

  • " I don't want to miss it!
    I just wanted to reach out and give you a very big, truly heartfelt "thank you" for all the work that you do to help small business owners grow and succeed. More specifically, I wanted to offer you some praise for your blog posts and Idea of the Day®. My email inbox gets so very cluttered. And honestly, on most days I will do a wholesale delete of many, many messages. But I literally stop and specifically look for your name and your small business Idea of the Day®. I don't want to miss it! In fact, I look forward to reading it daily (even on weekends!) because I know I'm going to learn something new that saves me money, time or just adds to my professional knowledge in a way that helps me help others too. So thank you, thank you, thank you for your efforts! ”

    -Lynnette Khalfani-Cox, The Money Coach

  • " Getting your daily email is like getting an MBA in small business!
    Thank you for finding this important information. Getting your daily email is like getting an MBA in small business. ”

    -J. S. Budnik

  • " Thank You, Barbara!
    "Thank you, Barbara Weltman, for all of your articles and tax advice to small business owners! All the best." ”

    -Shane Madigan

  • " Thanks for providing such useful information!
    I follow your blog religiously for the great tips you provide. I love the new look. It makes me smile to see that your blog got an update.  Thanks for providing such useful information. ”

    -Lee Drozak

  • " Barbara Weltman is an Advocate for Small Business
    She has been an advocate, public speaker, and resource for small business news since the release of her first book, J.K. Lasser’s Tax Deductions for Small Business, in 1995. Since then she has run her website, her Big Ideas for Small Business® newsletter, and her blog, not to mention written over a dozen books. Ms. Weltman is on this list twice because for many business owners, it is easier to scroll through her Twitter feed for trending topics and news events than search her website. However, if you don’t take a minute to read her newsletters or blog — you’re missing out. ”

    -Meredith Wood, Fundera Ledger

  • " Great segment!!!
    Barbara Weltman is one smart cookie - I follow her on Twitter, and her content is always interesting and informative. ”

    -An eBay Radio listener - purplejaime1976

  • " Absolutely love your Idea of the Day®
    it’s BRIEF, concise and timely. Funny, I do a quick scan of my bloated mail box, quickly deleting what I feel is a time waster. But I NEVER delete Idea of the Day® until I've first opened it. Both you and Napoleon Hill's Thought for the day ALWAYS get read. You’re in terrific company. Thanks. ”

    -Don Aronowitz


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