No one enjoys thinking about taxes, but small business owners must do so to minimize their tax bill and avoid an IRS audit. It’s good
Inflation continues to dominate the headlines, and it’s surely having an impact on your payroll costs. As you begin to work on your 2024 budget,
The U.S. Department of Labor (DOL) has proposed significant changes in overtime rules that it expects will impact 3.6 million salaried workers, many of whom
September is National Disaster Preparedness Month. While being ready to face an unforeseen event is a year-round endeavor, take this time to be sure your
The end of the year is a big time for small businesses. You’ll need to get your taxes in order and enjoy the holiday too.
SECURE Act 2.0, which was signed into law on December 29, 2022, introduced many changes in the rules for qualified retirement plans and IRAs. Most
At just about any time of the year you can find contests targeting small businesses. Sometimes they’re called contests, sometimes grants. Usually, the results are
Health Savings Accounts, or HSAs, have been around for nearly 20 years (they debuted in December 2003), and have grown in popularity. Today, assets held
Choosing the right legal structure is crucial when setting up a business. LLCs and S Corps are popular business entity options that provide liability protection
Starting a new business can come with numerous organizational expenses that can add up quickly. Fortunately, the IRS offers a deduction for startup costs that
In some countries, tipping is frowned upon or even illegal. In the U.S. and some other countries, tipping is common, and the nature of your
Self-employed individuals often have unique tax requirements that can be overwhelming to manage during tax season. Fortunately, tax software can help you understand how to
