Each year the SBA’s Office of Advocacy releases a Small Business Profile showing information about small businesses in each of the states, U.S. … Read more about Profile of Small Businesses in the U.S. in 2022
Writing Off Casualty or Disaster Losses for Your Business
September is National Preparedness Month and the theme this year from Ready.gov is prepare for disasters to create a lasting legacy for you and your … Read more about Writing Off Casualty or Disaster Losses for Your Business
How To Get Started With ACH Payments
Customers are looking for a frictionless experience when shopping on your website, which means providing a speedy checkout process with plenty of … Read more about How To Get Started With ACH Payments
Less Is More in Recessionary Times
The saying “less is more” is attributed to Lugwig Mies Van Der Rohe, one the founders of modern architecture. He promoted simplicity of design. The … Read more about Less Is More in Recessionary Times
Is Now the Time to Buy an EV for Your Business?
Most small business owners use their personal vehicle for business driving. And some small businesses own vehicles used exclusively for company … Read more about Is Now the Time to Buy an EV for Your Business?
Reward and Punishment on Your Tax Return for Being a Pass-Through Owner
If your business is a sole proprietorship, partnership, limited liability company, or S corporation—all pass-through entities—you report your share of … Read more about Reward and Punishment on Your Tax Return for Being a Pass-Through Owner
Startup Ideas: Getting the Right Advisers
Big corporations have departments for various aspects of their business, such as departments to handle legal, accounting, IT, and HR. They also have a … Read more about Startup Ideas: Getting the Right Advisers
Thoughts on Labor Day 2022
This year Labor Day in the U.S. falls on September 5th. It is a federal holiday created in 1894 in response to unions’ urgings. This year marks the … Read more about Thoughts on Labor Day 2022
Multiple Businesses: Thorny Tax Traps
Today, many go-getters aren’t satisfied running one business. They pursue multiple ventures at the same time. There may be various reasons for this, … Read more about Multiple Businesses: Thorny Tax Traps
Start Your Holiday Marketing Plan Now
The temperature outside in many places is sizzling, but it’s not too early to picture snow and the holiday season. This year, it’s particularly … Read more about Start Your Holiday Marketing Plan Now
Is Your Website ADA Compliant?
It’s been 32 years since the Americans with Disabilities Act became law. Several years ago, we had a blog that addressed the problem of making a … Read more about Is Your Website ADA Compliant?
The Good, The Bad, and The Ugly in the Inflation Reduction Act
On August 12, 2022, Congress passed the Inflation Reduction Act (I.R.A.), a $739 billion measure intended to bring down inflation, encourage green … Read more about The Good, The Bad, and The Ugly in the Inflation Reduction Act
Xero vs. QuickBooks: An Accountant’s Review
Which is the better accounting software - Xero or QuickBooks Online? Both Xero and QuickBooks have positive feedback from customers - the ratings … Read more about Xero vs. QuickBooks: An Accountant’s Review
Thresholds Are Confusing for Information Reporting
Saying that tax rules are confusing is an understatement. Sometimes they’re almost impossible to understand. When it comes to requirements for … Read more about Thresholds Are Confusing for Information Reporting
5 Ways to Recession-Proof Your Business
Are we in a recession, which is defined as a significant decline in economic activity or two consecutive quarters of GDP contraction (something we’ve … Read more about 5 Ways to Recession-Proof Your Business