A question that comes up frequently is “what’s a small business?" The SBA defines a small business as one with up to 500 employees (even more for some … Read more about Labeled a Small Business? That’s Great!
J.K. Lasser’s Small Business Taxes 2024: Author’s Overview
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 their tax advisers. The 2024 edition … Read more about J.K. Lasser’s Small Business Taxes 2024: Author’s Overview
Inspirational Quotations for Small Business Owners
Anyone who has read my blogs knows I love to include quotations where relevant. I find that often someone else has said something better than I could. … Read more about Inspirational Quotations for Small Business Owners
Thanksgiving: Small Business Owners Can Be Grateful
“Cultivate the habit of being grateful for every good thing that comes to you, and to give thanks continuously. And because all things have … Read more about Thanksgiving: Small Business Owners Can Be Grateful
Business Owner’s Compensation: How Much?
Business owners need to take money out of their companies to pay their personal expenses and reward themselves for their hard work. Deciding how much … Read more about Business Owner’s Compensation: How Much?
The Impact of Customer Reviews on Small Businesses
In today’s interconnected world, customer reviews have become fundamental in business evaluation. These are not just opinions or remarks. They are … Read more about The Impact of Customer Reviews on Small Businesses
Key Retirement Plan Changes for 2024
There are several factors contributing to a changing landscape for retirement plans in 2024. SECURE Act 2.0 made a number of changes effective in … Read more about Key Retirement Plan Changes for 2024
Recession-Proof Your Business: What to Know About Taxes if Struggling in 2023
Many small businesses are thriving despite high inflation, labor shortages, and other challenges. Unfortunately, some businesses are struggling. … Read more about Recession-Proof Your Business: What to Know About Taxes if Struggling in 2023
Entrepreneurial-Minded Veterans
November 11 is Veterans Day (although it’s celebrated on November 10th because the 11th is a Saturday). According to the U.S. Census Bureau, veterans … Read more about Entrepreneurial-Minded Veterans
Prevailing Wage and Apprenticeship Rules that Boost Certain Tax Write-Offs
The Inflation Reduction Act introduced or expanded various tax rules—deductions and credits—related to green energy. Basic write-offs can be … Read more about Prevailing Wage and Apprenticeship Rules that Boost Certain Tax Write-Offs
Sleep and the Workplace
Daylight Savings Time (DST) ends on November 5, 2023, at 2 a.m. It will begin on March 10, 2024. Many people are affected by these time changes. Johns … Read more about Sleep and the Workplace
What’s an IRS Business Tax Account and Should You Get One?
The IRS launched a new tool called a Business Tax Account that some business owners can use to give employees in their company access to the business … Read more about What’s an IRS Business Tax Account and Should You Get One?
Is There a Difference Between Having a Plan and a Strategy?
Plans and strategies are in place to achieve every business goal, from recruitment to increasing customer numbers and bottom line. People often use … Read more about Is There a Difference Between Having a Plan and a Strategy?
Succession Planning for Your Family-Owned Business
SCORE defines a family-owned business as “Is one in which any two or more family members operate the company, and the majority of ownership or control … Read more about Succession Planning for Your Family-Owned Business
Employee Retention Credit Now: Where You Stand and What to Do
The employee retention credit (ERC), a credit created during COVID-19, ended on September 30, 2021 (December 31, 2021, for startups), but it’s still … Read more about Employee Retention Credit Now: Where You Stand and What to Do