On March 13, 2020, the President declared COVID-19 to be a national emergency. This was the start of shutdowns and, according to the SBA’s Office of … Read more about Second Anniversary of the COVID-19 National Emergency: What Small Business Has Learned
Buy or Lease Vehicles and Equipment: Which Option Is Better?
In the market for a new truck for your business? Need expensive equipment now? Should you buy it or lease it? There’s no right answer; it depends on … Read more about Buy or Lease Vehicles and Equipment: Which Option Is Better?
Business Owners Need to Plan for Personal Catastrophe
Much emphasis is placed on business planning and what a business should do if there’s a catastrophe. Hopefully, business owners have done this in the … Read more about Business Owners Need to Plan for Personal Catastrophe
Startup Ideas for Success: Finding Money
You may have a great idea for a business. It may be just the thing to solve a problem. Maybe you’re on a mission to save the world. Perhaps you have a … Read more about Startup Ideas for Success: Finding Money
Supplement to J.K. Lasser’s Small Business Taxes 2022
The pandemic triggered numerous changes in tax law as reflected in the book. But tax law is not static and new legislation, IRS pronouncements, and … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2022
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 … Read more about Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2022
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 … Read more about 6 Financial Management Tips for Entrepreneurs
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 … Read more about Making Changes Now to Your 401(k) Plan
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 has seen the rise of … Read more about Assessing 2021: Good Year or Bad for Your Business?
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 … Read more about Recovery Strategies: Building Reserves to Protect Your Business in the Future
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 … Read more about What Is Fintech and How Can It Help Your Business?
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%. … Read more about What You Can Do About Inflation
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 advisers. The 2022 edition … Read more about J.K. Lasser’s Small Business Taxes 2022: What’s New and What’s Ahead
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 a … Read more about Choosing a Retirement Plan for 2022
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. … Read more about Tax Breaks for Investing in Small Corporations
