Between January 7, 2024, and November 7, 2024, there were 127 federally-declared disasters. It seems that the number of these disasters has been … Read more about What to Do if You Need Disaster Recovery Assistance
Offering Gift Cards in Your Business: What to Know
The National Retail Federation predicts that gift card sales—a popular holiday purchase—could reach $28 billion this holiday season. “The average … Read more about Offering Gift Cards in Your Business: What to Know
Growing Your Business with a New Business Plan for 2025
Several years ago, a Harvard Business Review study found that having a business plan makes you more likely to succeed. “Entrepreneurs who write formal … Read more about Growing Your Business with a New Business Plan for 2025
Diversity in 2025: What Small Businesses Need to Know
On November 25, 2024, Walmart announced it was rolling back its DEI (diversity, equity, and inclusion) policies. This follows similar moves—abandoning … Read more about Diversity in 2025: What Small Businesses Need to Know
What’s New Taxwise for Retirement Plans in 2025
Retirement plans are an important way to help employees build financial security. There is great flexibility for employers in choosing the plan best … Read more about What’s New Taxwise for Retirement Plans in 2025
Writing Off the Cost of AI, Metaverse, and Other Technology
A September 2024 report by the U.S. Chamber of Commerce entitled The Impact of Technology on U.S. Small Business found some very interesting … Read more about Writing Off the Cost of AI, Metaverse, and Other Technology
Thanksgiving: Grateful to Be a Small Business Owner
“I am grateful for what I am and have. My thanksgiving is perpetual.” ~ Henry David Thoreau The annual national holiday of Thanksgiving for many … Read more about Thanksgiving: Grateful to Be a Small Business Owner
Growing Your Business by Adapting to Changing Tax Rules
“Yesterday is gone, tomorrow has not yet come. We have only today, let us begin.” ~ Mother Teresa Many of the tax rules that were put in place … Read more about Growing Your Business by Adapting to Changing Tax Rules
A Quick Look at J.K. Lasser’s Small Business Taxes 2025
For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and tax advisers. The 2025 edition for … Read more about A Quick Look at J.K. Lasser’s Small Business Taxes 2025
What Do Tax COLAs Mean for Your Business in 2025?
The tax picture for 2026 is unknown at this time because many of the tax rules fixed by the Tax Cuts and Jobs Act expire at the end of 2025. But the … Read more about What Do Tax COLAs Mean for Your Business in 2025?
Tax Changes Expected from a New Administration and New Congress
There has been much talk about the need for tax changes. Many tax rules put in place by the Tax Cuts and Jobs Act of 2017 (TCJA) are set to expire at … Read more about Tax Changes Expected from a New Administration and New Congress
Support Our Veterans: Buy from Them and Hire Them
WHEREAS it is fitting that the recurring anniversary of this date [November 11] should be commemorated with thanksgiving and prayer and exercises … Read more about Support Our Veterans: Buy from Them and Hire Them
5 Factors to Consider in Setting Compensation for Owners
As 2025 approaches, businesses are working on their budgets, and one important aspect is how much should owners be paid? The decision has important … Read more about 5 Factors to Consider in Setting Compensation for Owners
10 Scariest Things for Your Business
Halloween has become a national obsession, with all things spooky, creepy, and ominous, as well as all things pumpkin. And for many small businesses, … Read more about 10 Scariest Things for Your Business
The Top 5 Things Every Seniorpreneur Should Know
Earlier this year, FasterCapital explored the rise in seniorpreneurs—those age 65 and older who are business owners. The often-cited example of a … Read more about The Top 5 Things Every Seniorpreneur Should Know