“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
SEPs Are IRA-Based Retirement Plans that Aren’t IRAs: What You Need to Know
According to the U.S. Bureau of Labor Statistics, 86% of private-sector companies with 100 or more workers and 91% of firms with 500 or more workers … Read more about SEPs Are IRA-Based Retirement Plans that Aren’t IRAs: What You Need to Know
Preparing for Social Security and Medicare Taxes for 2025
Whether you’re an employee of your corporation or a self-employed individual, it’s likely that your tax bill for Social Security and Medicare taxes … Read more about Preparing for Social Security and Medicare Taxes for 2025
Growing Your Business by Bringing in Investors
If you need more capital to grow your business, you have two main options: borrow money or find investors. Borrowing is referred to as debt financing; … Read more about Growing Your Business by Bringing in Investors
In-House Training for Your Employees Entails More
Employers know they must train employees to do their jobs well. That goes without saying. But employers also should train employees in other ways to … Read more about In-House Training for Your Employees Entails More
What Should Congress Do About the QBI Deduction?
The qualified small business income (QBI) deduction, created by the Tax Cuts and Jobs Act of 2017 as a way for owners of pass-through entities to get … Read more about What Should Congress Do About the QBI Deduction?
Employer’s Checklist of Do’s, Don’ts, and Maybe’s
Small businesses usually don’t have HR departments, so compliance with federal, state, and local laws falls to owners. This responsibility is onerous, … Read more about Employer’s Checklist of Do’s, Don’ts, and Maybe’s
