Family business focus: Taking it to the next level

Friday, February 07, 2025
Family businesses often start out small, with casual operational approaches. However, informal (or nonexistent) policies and procedures can become problematic as such companies grow.Employees may grumble about unclear, inconsistent rules....... Read More

The tax treatment of intangible assets

Tuesday, February 04, 2025
Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in today’s businesses. The tax treatment of these assets can be complex, but businesses need to understand...... Read More

3 types of retirement plans for growing businesses

Friday, January 31, 2025
When start-ups launch, their focus is often on tightly controlling expenses. Most need to establish a brand and some semblance of stability before funding anything other than essential operating activities.For...... Read More

Drive down your business taxes with local transportation cost deductions

Monday, January 27, 2025
Understanding how to deduct transportation costs could significantly reduce the tax burden on your small business. You and your employees likely incur various local transportation expenses each year, and they...... Read More

Business owners: Be sure you’re properly classifying cash flows

Friday, January 24, 2025
Properly prepared financial statements provide a wealth of information about your company. But the operative words there are “properly prepared.” Classifying information accurately isn’t always easy — especially as the...... Read More

Healthy savings: How tax-smart HSAs can benefit your small business and employees

Monday, January 20, 2025
As a small business owner, managing health care costs for yourself and your employees can be challenging. One effective tool to consider adding is a Health Savings Account (HSA). HSAs...... Read More

Marketing your B2B company via the right channels

Friday, January 17, 2025
For business-to-business (B2B) companies, effective marketing begins with credible and attention-grabbing messaging. But you’ve also got to choose the right channels. Believe it or not, some “old school” approaches remain...... Read More

When can you deduct business meals and entertainment?

Monday, January 13, 2025
You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. The rules have changed in recent years. Let’s take a look at what...... Read More

Surprise IT failures pose a major financial risk to companies

Friday, January 10, 2025
It’s every business owner’s nightmare. You wake up in the morning, or perhaps in the middle of the night, and see that dreaded message: “We’re down.” It could be your...... Read More

Self-employment tax: A refresher on how it works

Monday, January 06, 2025
If you own a growing, unincorporated small business, you may be concerned about high self-employment (SE) tax bills. The SE tax is how Social Security and Medicare taxes are collected...... Read More