The U.S. Small Business Administration (SBA) is a federal agency with a mission to “aid, counsel, assist and protect, insofar as is possible, the … Read more about Proposed Updates to the SBA: What You Should Know
Barbara Weltman
Last Minute Year-End Actions for Your Small Business
There’s only a limited number of days left in 2025, but there is still enough time to complete certain tasks that are required or helpful to end the … Read more about Last Minute Year-End Actions for Your Small Business
5 Self-Employment Tax Mistakes You Want to Avoid
If you own a business that isn’t incorporated, your business income likely triggers self-employment (SE) tax to cover Social Security and Medicare … Read more about 5 Self-Employment Tax Mistakes You Want to Avoid
Scaling Your Business Smarter by Planning Ahead Now
December is National Write a Business Plan Month so it’s an ideal time to think about how you can plan now to scale your business in the coming year. … Read more about Scaling Your Business Smarter by Planning Ahead Now
Your Retirement Plan for 2026: What to Know
A retirement plan offers several benefits to you and your staff. As the IRS says, “Retirement plans allow you to invest now for financial security … Read more about Your Retirement Plan for 2026: What to Know
Impact of the 2025 Government Shutdown on Small Business
For 43 days—longer than the biblical flood—the federal government was shut down because it failed to reach a budget or extend the time to do so. The … Read more about Impact of the 2025 Government Shutdown on Small Business
Your Business’ Year-End Charitable Giving
While charitable giving may be a year-round activity, this time of the year is especially good for philanthropy. Today is Giving Tuesday, which is one … Read more about Your Business’ Year-End Charitable Giving
Why Gratitude Matters: Reflections for Thanksgiving
Did you know that November is National Gratitude Month? Thanksgiving Day—a federal holiday since 1941—is a good time to pause and reflect on what to … Read more about Why Gratitude Matters: Reflections for Thanksgiving
A Review of J.K. Lasser’s Small Business Taxes 2026
For nearly 30 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and tax advisers. The 2026 edition for … Read more about A Review of J.K. Lasser’s Small Business Taxes 2026
Scale Your Business Faster with a Smarter Benefits Offering
As your business grows, so too may the scope of benefits offered to employees. Large corporations offer a vast menu of benefits for employees and … Read more about Scale Your Business Faster with a Smarter Benefits Offering
Essential Employer Recordkeeping Obligations: Overlook at Your Own Peril
If you have employees, federal and state laws impose various recordkeeping requirements…what the records must contain and how long you must keep them. … Read more about Essential Employer Recordkeeping Obligations: Overlook at Your Own Peril
Can Self-Employed Individuals Claim the Tips Deduction?
The One Big Beautiful Bill Act (OBBBA) created a personal deduction for tips received by workers in specified industries. The deduction is primarily … Read more about Can Self-Employed Individuals Claim the Tips Deduction?
What Your Business Can Do to Remember Our Veterans
Veterans Day is November 11, a day to remember all of our veterans. It is a federal holiday and is recognized in all 50 states other than Wisconsin. … Read more about What Your Business Can Do to Remember Our Veterans
It Pays To Be Small: 6 Tax Rules To Know
When it comes to federal income tax law, there’s an advantage to being a small business. Certain tax breaks only apply to businesses that meet the … Read more about It Pays To Be Small: 6 Tax Rules To Know
Three E’s for a Great Business: Ethics, Etiquette, Equality
Maybe my perspective is "old school," but I think minimum requirements for running any business is to do it ethically, ensure that etiquette is … Read more about Three E’s for a Great Business: Ethics, Etiquette, Equality
