Once upon a time, many newer business owners never really understood the importance of trustworthy, dependable vendors until they faced their first couple of roadblocks. But the past few years’ worth of amplified supply-chain coverage has thrust this reality...... More »
As a small business owner, you might cringe at the thought of taking on debt. We don’t blame you! We’ve all heard stories, both at the consumer and business levels, about the perils of unsustainable debt habits. But the...... More »
Your first tax season as a small business owner (or the person in charge of taxes for a small business) can be a stressful one. Even personal taxes can be a chore. But small business taxes can be a...... More »
The Internal Revenue Service (IRS) has been accused of being a lot of things, but they’ve never been called technology-friendly. But perhaps, with one of its latest initiatives, that’s about to change. In the back half of 2023, the...... More »
If you ever had the impression that do-it-yourself tax filers were a rarity, let’s put that thought to rest. More than half of Americans either use paid or free tax software to file all by themselves. So you shouldn’t...... More »
Tax time can be one of the most stressful periods of the year for small businesses. That’s not just because of the time involved in gathering and organizing documents, and if you DIY, prepping taxes. It’s also because that’s...... More »
DIY or ask a pro? It’s a question that’s been asked in just about every household — maybe about painting, maybe about plumbing, and in a few unfortunate cases, electrical work. But right around this time each year, small...... More »
The tax code is constantly in a state of flux, which is why staying compliant is such a headache. Every year, small business owners who do their own taxes have to catch up with the latest rule additions, phase-outs...... More »
The Corporate Transparency Act requires certain types of U.S. and foreign entities to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. Beneficial ownership information is information about the entity, its...... More »
New year, new beginnings. 2024, like the start of every year, is viewed as a chance for people to become their best selves. That manifests itself as New Year’s resolutions — vows to go to the gym more, be...... More »