A deficit occurs when the federal government’s spending exceeds its revenues. The federal government has spent $1.06 trillion more than it has … Read more about Tax Proposals Impacting Small Business: Be Very Afraid
Stagflation: What It Is and How to Survive It
From 1973 to 1982, the U.S. economy experienced stagflation, which is a period of high inflation combined with low economic growth. During this … Read more about Stagflation: What It Is and How to Survive It
5 New Federal Regulations and Your Business
Each year, about 3,000 to 4,500 new federal regulations are issued. They touch on numerous matters; not all affect small businesses, but many do. Ten … Read more about 5 New Federal Regulations and Your Business
Staying Positive: Why It’s Essential and How to Do It
According to the NFIB’s Small Business Economic Trends March 2024, small business optimism reached its lowest level since December 2012. One quarter … Read more about Staying Positive: Why It’s Essential and How to Do It
Mom CEOs and Work-Life Balance
Mother’s Day is a day to recognize the importance of moms; it became an official holiday in 1914. It’s also a good time to note that a number of … Read more about Mom CEOs and Work-Life Balance
Find Out What IRS Data Reveals About Small Businesses
For many people, tax filing is becoming a distant memory for this year; April 15 has passed. But taxes are year-round for business owners. They deal … Read more about Find Out What IRS Data Reveals About Small Businesses
What to Know About Trust Fund Taxes
If you’ve incorporated your business or formed a limited liability company, you may have the belief that you can’t be personally liable for your … Read more about What to Know About Trust Fund Taxes
Growing Your Business: Buying New Equipment and Machinery
As your business expands, you may need more “hardware” to outfit a growing staff or perform new or additional tasks for customers. The new items may … Read more about Growing Your Business: Buying New Equipment and Machinery
Cybersecurity Protections and Your Remote Workers
The prevalence of remote work, which grew substantially during the pandemic, is obviously not going away. In 2024, 65% of companies offer remote work … Read more about Cybersecurity Protections and Your Remote Workers
Serious Driving Problems and Ways for Prevention
April is National Distracted Driving Awareness Month, so it’s a good time to confront problematic driving actions and the policies and practices to … Read more about Serious Driving Problems and Ways for Prevention
What’s the Circular Economy? How to Benefit?
April 22 is Earth Day, which started in 1970 as a day to raise awareness of environmental issues. This year’s theme for Earth Day is “Planet vs. … Read more about What’s the Circular Economy? How to Benefit?
3 Things to Plan Now for the Summer
While summertime won’t officially begin until June 20, 2024, it’s not too soon to begin planning for it. Running your business smartly requires … Read more about 3 Things to Plan Now for the Summer
5 Last-Minute Tax Tips for Owners of Pass-Throughs
Like December 7, April 15 for many is “a date which will live in infamy.” It’s Tax Day in most of the U.S. Calendar-year partnerships and S … Read more about 5 Last-Minute Tax Tips for Owners of Pass-Throughs
5 Things to Know About Tax Credit Transfers
Tax credits typically are claimed on tax returns and may be limited to the extent of your tax liability. New rules may allow you to get the benefit … Read more about 5 Things to Know About Tax Credit Transfers
Handling Remote Workers
Remote work arrangements, which became the norm during the pandemic, are here to stay. Five years ago, fewer than 5% of employees worked remotely, but … Read more about Handling Remote Workers