In NFIB’s Monthly Survey in May, 34% of small business owners reported job openings they couldn’t fill, and 18% cited labor quality as their single … Read more about Hiring Your Child This Summer Could Save You Money
Make Every Dollar Count: Maximizing Deductions on Business Dues
As a small business owner, you and/or your business probably pay dues to certain organizations or facilities. These payments may be motivated by … Read more about Make Every Dollar Count: Maximizing Deductions on Business Dues
The Clock Is Ticking on Valuable Business Tax Breaks
Benjamin Franklin said: “In this world nothing can be said to be certain, except death and taxes,” but the reality is that taxes aren’t so … Read more about The Clock Is Ticking on Valuable Business Tax Breaks
Qualified Small Business Stock Rule Changes: What Business Owners Need to Know
One of the last best tax breaks for some business owners is the exclusion of gain on the sale of qualified small business stock (QSBS). Some … Read more about Qualified Small Business Stock Rule Changes: What Business Owners Need to Know
Lost in Small Business Tax Language? Here’s a Plain English Guide
Each year, April 15th—Tax Day—is a reminder that part of the cost of doing business is paying taxes on profits. The federal government, and perhaps … Read more about Lost in Small Business Tax Language? Here’s a Plain English Guide
Understanding Estimated Taxes: What You Need to Know
April 15th is the due date for the 2025 federal income tax return for individuals (and calendar-year C corporations). But it’s also the date for … Read more about Understanding Estimated Taxes: What You Need to Know
New Bonus Depreciation Rules for Equipment and Production Property
Bonus depreciation is a first-year write-off for the cost of eligible property that’s used instead of depreciating the cost over a number of years. … Read more about New Bonus Depreciation Rules for Equipment and Production Property
Important 2025 Tax Elections for Partnerships and S Corporations
The deadline is fast approaching for partnerships and S corporations reporting on a calendar year to file their 2025 federal income tax returns. This … Read more about Important 2025 Tax Elections for Partnerships and S Corporations
What Employers Need to Know About the New 2026 W-2 Requirements
If you have employees, you’ve just filed 2025 W-2 forms for 2025, but it’s not too soon to familiarize yourself with the 2026 version of the form. A … Read more about What Employers Need to Know About the New 2026 W-2 Requirements
The Number of Partnerships and LLCs Is Growing
“I can do things you cannot, you can do things I cannot; together we can do great things.” — Mother Teresa When two or more parties come together … Read more about The Number of Partnerships and LLCs Is Growing
Small Business Tax Recordkeeping Made Easy: 7 Proven Tips
The law requires businesses to keep books and records of income and expenses. And to take deductions and other tax breaks, you need to meet certain … Read more about Small Business Tax Recordkeeping Made Easy: 7 Proven Tips
Supplement to J. K. Lasser’s 1001 Deductions and Tax Breaks 2026
By Barbara Weltman THIS SUPPLEMENT REFLECTS CHANGES THROUGH FEBRUARY 1, 2026. This year’s book, J.K. Lasser’s 1001 Deductions and Tax Breaks 2026, … Read more about Supplement to J. K. Lasser’s 1001 Deductions and Tax Breaks 2026
Supplement to J.K. Lasser’s Small Business Taxes 2026
By Barbara Weltman THIS SUPPLEMENT REFLECTS CHANGES THROUGH FEBRUARY 1, 2026. This year’s book, J.K. Lasser’s Small Business Taxes 2026, covers the … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2026
Complete 2026 IRS Tax Calendar for Small Business Owners
As a business owner, there are various tax filing and payment responsibilities. Mark your calendar for actions you need to take this year, so you … Read more about Complete 2026 IRS Tax Calendar for Small Business Owners
Do You Know How to Manage W-4s for 2026?
Form W-4 is an IRS form used by employees to tell employers certain information used to figure federal income tax withholding. If an employee fails to … Read more about Do You Know How to Manage W-4s for 2026?
