Congress recently passed the “Tax Cuts and Jobs Act” which impacts both individuals and businesses. Learn what are the two important changes in 2018 that will affect every business owner in the United States.
The quality of your employees can differentiate your business. So, how can you turn your business into a talent magnet? Consider offering a 401(k) plan. Read more
Small business owners heading into 2018 have a lot to be happy about — but they've also got some major concerns about the continued success of their businesses, including taxes, cash flow, and technology.
Back taxes can have serious consequences for a small business. They accrue interest and penalties, so your tax debt can quickly snowball. The IRS will hold any tax refund your business is entitled to until the past-due taxes are paid.
If your business is an activity that many people enjoy as a hobby – for example, making jewelry, painting oil portraits or playing in a cover band — and isn't consistently profitable, there can be a fine line between "hobby" and "business."
Let’s take a look at 4 top situations when your personal and business finances should be handled differently.
Getting an early start to your taxes can help you minimize your tax burden, increase deductions, and avoid the end of the year scramble.
Transforming your hobby into a profitable business can be accomplished when you do your due diligence and get your legal ducks in a row.