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?
Does it pay to be highly successful? From a personal and professional viewpoint, sure. You get satisfaction from helping your clients and customers … Read more about Added Tax Costs for Successful Business Owners
It's a well-known fact that most business owners pour their heart and soul into their business ventures. When the time comes to retire, closing down … Read more about Considering Retirement? Don’t Just Shut Down Your Business, Sell It!
It’s been 247 years since a group of men in Philadelphia signed the Declaration of Independence and started a revolution. The document was adopted on … Read more about The Declaration of Independence and Its Entrepreneurs
Small businesses face an array of crimes—both physical and virtual. They may experience burglars, robberies, vandalism, shoplifting, employee theft, … Read more about Crime and Small Business: Are There Solutions?
“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 Holds Special Significance for Business Owners
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
It’s common for business owners to pay various expenses from their own pockets. It just may be easy to do. But it can impact who takes the deduction … Read more about You Pay Company Expenses: Who Takes the Deduction?
Starting a business usually requires full focus on company activities, leaving little time and money for just about anything else. But if you’ve … Read more about 5 Ways for Business Owners to Give Back
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
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?
Early in the fourth quarter of 2021 is a good time to begin year-end planning. The sooner you get a jump on things, the more options you’ll have and … Read more about Not Too Early for Year-End Planning
For the past decade, inflation has been very modest (only 1.23% in 2020, 1.81% in 2019, and 2.44% in 2018). But things are changing. In June, the … Read more about 5 Ways Inflation May Impact Your Business
On May 13, 2021, the CDC updated its mask guidelines, saying that fully-vaccinated people can resume activities they did prior to the pandemic and … Read more about Recovery Strategies: Relaxing COVID-19-Related Practices?
2020 began on a note of high optimism for small businesses. The NFIB Small Business Economic Trends in January 2020 showed an optimism rating of … Read more about Not Like Last Year’s New Year’s Resolutions