Today is the end of the third quarter of 2025. For the federal government, it’s the start of its 2026 fiscal year. For small businesses, it’s time to start planning for Q1 2026. Start developing a budget, factoring in continued inflation. For example, Payscale projects that compensation for U.S. employees will rise on average by 3.5% in 2026. Projections vary by location, job description, and other factors. Get your health coverage, retirement plans, and other employee benefits lined up for 2026. Continue to monitor economic indicators so you can respond promptly to likely scenarios. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
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Why a capital gains tax change in Trump's new bill may be boon to business founders, early employee wealth #taxes #business