-
Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2022
Tax law is not static and new legislation, IRS pronouncements, and court decisions continue to tweak tax rules. They affect reporting on 2021 returns as ... -
6 Financial Management Tips for Entrepreneurs
The ongoing COVID-19 pandemic has sparked an uptick in the number of entrepreneurs and companies entering their respective industries. More and more people are starting ... -
Making Changes Now to Your 401(k) Plan
One of the most popular types of qualified retirement plans for businesses large and small is the 401(k) plan. It is funded mainly by employees ... -
Assessing 2021: Good Year or Bad for Your Business?
Whether the past 12 months have been profitable or not, one thing you surely can say is that it hasn’t been dull. The past year ... -
Recovery Strategies: Building Reserves to Protect Your Business in the Future
It’s understandable that many small businesses continually play catchup. They’re usually in a constant state of troubleshooting and often find themselves without the resources they ... -
What Is Fintech and How Can It Help Your Business?
Fintech is shorthand for financial technology. It refers to a type of technology that any business can use to enhance, streamline, or automate financial services ... -
What You Can Do About Inflation
There’s no getting around it…high inflation is having an impact on small businesses. The historic average rate of inflation is between 2% and 3%. Since June ... -
J.K. Lasser’s Small Business Taxes 2022: What's New and What's Ahead
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 ... -
Choosing a Retirement Plan for 2022
There are several compelling reasons why you should have a retirement plan for your business. It helps you and your employees save for retirement on ... -
Tax Breaks for Investing in Small Corporations
During the government’s 2020 fiscal year (ending September 30, 2020), there were 1.8 million C corporations and more than 5 million S corporations. While we don’t ... -
What About Raising Your Prices Now?
Supply chain shortages. Inflation (which grew in May at an annualized rate of 5%). Higher wages to fill job openings (up in April and May ... -
25 Ways to Cut Expenses
With inflation and rising prices, higher wages and employee benefits, and other pressures on profitability, it’s essential for small businesses to look carefully at ways ... -
Lending Money to Your Business: What to Consider
With the pandemic waning, the time for government assistance programs ending, and the economy growing, your business may need money now. Additional financing may be ... -
Getting a Handle on Your Business Expenses
While revenue is picking up for many businesses in 2021, profits won’t grow unless you have business expenses under control. This means knowing where your ... -
Recovery Strategies: Show Me the Money
The famous quote from Jerry McGuire …"show me the money"… is something that many small business owners are taking to heart these days. As a ... -
American Rescue Plan Act: What It Means to You
A $1.9 trillion measure —the American Rescue Plan Act (ARPA) —was signed into law on March 11, 2021. The key feature of the new law, ... -
How Much Should You Pay Yourself?
The topic of minimum wage is in the forefront to ensure that workers receive adequate compensation for the services they perform. For small business owners, ... -
Regulations in Limbo: What This Means for Small Businesses
On his first day in office, President Biden issued an executive order freezing for 60 days various federal proposed regulations as well as those finalized ...