3 min read
Six Reasons to Separate Real Estate from Your Business Assets
When businesses acquire real estate, they often title it under the company name. Although this might seem straightforward and logical, it's not...
Accounting and payroll resources for small business owners.
Easily filter through articles and find what you want to learn below.
3 min read
When businesses acquire real estate, they often title it under the company name. Although this might seem straightforward and logical, it's not...
3 min read
As a business owner, you may travel to visit customers, attend conferences, check on vendors, and for other purposes. Understanding which travel...
4 min read
Even successful businesses occasionally incur losses. Start-ups and expanding businesses often have unprofitable years, and unexpected events like...
2 min read
The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to nearly triple its audit...
2 min read
Businesses need to engage in some form of strategic planning to help ensure continued stability and profitability. A recent survey by insurance giant...
2 min read
Choosing the right business entity is a key decision for any business. The entity you pick can affect your tax bill, personal liability, and other...
1 min read
Here are some key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn't...
4 min read
Navigating Worker Classification: How to Keep Your Small Business on Track with the Department of Labor's New Rules If you're a small business owner...
3 min read
Do you remember your first day of work at your job? I remember being equally excited for the new adventure and anxious about how well I would do. I...
4 min read
In today's labor market, some small businesses — including restaurants, delivery services, retail stores, and manufacturers — struggle to attract and...
3 min read
Employers in restaurants, hotels, casinos, and other service industries must comply with the tax rules associated with tips. To assist them, the IRS...
3 min read
Real estate can be an attractive long-term investment. However, the legal entity you select to own property can have important tax implications....
3 min read
The Social Security Administration and the IRS have issued a joint publication that offers valuable pointers for employers who want to clean up their...
3 min read
The Corporate Transparency Act (“CTA”) was enacted into law and requires most businesses to report certain “beneficial ownership information” (“BOI”)...
2 min read
529 Accounts are not Just for College It's still summer, but it won't be long until school bells will be ringing again. If you've set up Section 529...
2 min read
When the leadership teams of many companies engage in strategic planning, they may be inclined to play it safe. And that’s understandable; sticking...
2 min read
Controlling costs is fundamental for every business. However, the location and method of addressing this challenge can change over time based on...
3 min read
Payroll fraud threatens any business that pays employees or contractors. Unfortunately, this type of financial crime can go undetected for...
2 min read
While many facets of the economy have improved this year, the rising cost of living and other economic factors have caused many businesses to close...
7 min read
Summer is a good time to reflect on tax planning moves that could lower this year's tax bill. It appears there won't be any significant federal tax...
3 min read
There's been a significant increase in new business applications in recent years. Finance company NerdWallet estimates that 2.8 million new business...
2 min read
From the minute they open their doors, business owners are urged to monitor cash flow closely. For good reason, even companies with booming sales can...
6 min read
Summer is a good time to take stock of how your small business is doing this year and consider options for reducing your 2024 federal income tax...
2 min read
You should understand the tax implications if you’re selling property used in your trade or business. Many complex rules can potentially apply. To...
2 min read
At some point, all business decisions come down to dollars and cents. How much will it cost to implement a particular program, and what's the...
2 min read
With each passing year, as networked technology becomes more and more integral to how companies do business, a simple yet grim reality comes further...
2 min read
Business owners are rightly urged to develop succession plans so their companies will pass on to the next generation, or another iteration of...
3 min read
Moving is widely considered one of life's most stressful events — and that's just going from one residence to another. Imagine moving an entire...
5 min read
If you're financially successful or expect to become so, taxes are or will become one of your biggest expenses — and most people want to minimize...
2 min read
Running a restaurant can be challenging, to say the least. Handling finances while managing day-to-day operations can be overwhelming. That’s why...
2 min read
There are several financial and legal implications when adding a new partner to a partnership. Here’s an example to illustrate: You and your partners...