For many people, tax filing is becoming a distant memory for this year; April 15 has passed. But taxes are year-round for business owners. They deal … Read more about Find Out What IRS Data Reveals About Small Businesses
Pending Federal Legislation Aimed at Small Business
Politicians routinely claim they support small business, but legislation—or lack thereof—may show otherwise. Recently, the House Small Business … Read more about Pending Federal Legislation Aimed at Small Business
How Small Businesses Can Close the Pay Gap
Nationwide, women earn 82 cents for every dollar earned by men. That adds up to a difference of $11,165 between the average salaries of working men … Read more about How Small Businesses Can Close the Pay Gap
The Impact of Customer Reviews on Small Businesses
In today’s interconnected world, customer reviews have become fundamental in business evaluation. These are not just opinions or remarks. They are … Read more about The Impact of Customer Reviews on Small Businesses
Ways to Simplify Tax Recordkeeping
To claim deductions and credits for the business expenses you incur, you must have certain records, including the amount of your outlays. Without good … Read more about Ways to Simplify Tax Recordkeeping
Get Ready for the Beneficial Ownership Information Reporting Rule
The federal government recognizes that “illicit actors frequently use corporate structures such as shell and front companies to obfuscate their … Read more about Get Ready for the Beneficial Ownership Information Reporting Rule
New Federal Reporting Requirement for Small Businesses
If you asked most small business owners, they’d say that paperwork and red tape are the hallmarks of government and the bane of their existence. Well, … Read more about New Federal Reporting Requirement for Small Businesses
Sole Proprietorships Statistics: A Mixed Bag
Numbers can paint a picture and recently released IRS statistics on sole proprietorships certainly do so. These stats are derived from Schedule C of … Read more about Sole Proprietorships Statistics: A Mixed Bag
Tax Credit Transfers: What, How, When?
For many years, states have allowed taxpayers to transfer certain tax credits, effectively selling a tax break for cash. Now, federal tax law offers a … Read more about Tax Credit Transfers: What, How, When?
What Are Your Sentiments about AI?
Artificial intelligence or AI, a term coined in 1956, is in the headlines every day. It’s been touted as the best thing to come along and the worst … Read more about What Are Your Sentiments about AI?
How to Protect Yourself from Audit Risk
For most small business owners, the 2023 tax season is behind them. But with increased funding for the IRS to step up audits of small businesses, … Read more about How to Protect Yourself from Audit Risk
Federal Tax Legislation Proposed to Help Small Businesses
The National Taxpayers Union (NTU), the oldest taxpayer advocacy organization in the U.S., said in a letter to the House Small Business Committee in … Read more about Federal Tax Legislation Proposed to Help Small Businesses
FAQs on Small Businesses in 2023
Small Business Week 2023 runs from April 30 to May 6, so it’s a great time to be talking about small business. Often “small business” is a buzz word … Read more about FAQs on Small Businesses in 2023
Are You Properly Insured?
Insurance coverage is a must for businesses that hope to survive the impact of storms, fires, and other dramatic, unexpected events. There are certain … Read more about Are You Properly Insured?
Key Elements of a Winning SME Marketing Strategy
A marketing strategy is essential for any small business or start-up, but it’s more than just writing out a few targets and hoping for the best. To … Read more about Key Elements of a Winning SME Marketing Strategy
