Owning a business is both exciting and intimidating; but you have lots of support. Find resources to help you make decisions on starting or growing your enterprise. Browse these tools, then contact your SCORE mentor to get help putting your ideas into action.
new tax laws sign

2 Important Tax Changes for Small Businesses in 2018

January 22, 2018,

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.

business man with luggage at airport watching plane

What Every Entrepreneur Should Know About Travel & Entertainment Deductions

January 18, 2018

For many entrepreneurs, travel and entertainment (T&E) tax deductions can be a minefield. Certain expenses for business travel are deductible as long as they meet two criteria: They must be “ordinary and necessary” in the course of doing business, and they must be documented.

woman has insomnia

The 3 Things Keeping Small Business Owners Up at Night

January 16, 2018,

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.

affordable care act

ACA Reporting Requirements Still in Effect for 2018

January 10, 2018,

Although the ongoing efforts of Congress to repeal the Affordable Care Act (ACA) has cast doubt on the controversial law’s future, the IRS’ stance is clear. At the close of 2017, the Affordable Care Act still stands – and the IRS has sophisticated support systems in place to fully enforce it.

compliance puzzle piece

HR Compliance Check: 3 Quick Self-Audit Tips for the New Year

January 3, 2018,

Staying on top of complex and continual changing HR regulations is challenging, but a self-audit can help you avoid costly lawsuits or penalties due to non-compliance or misconduct. Here are three specific HR areas you should include in your audit based on recent trends.

1040-ES estimated tax form

How to Calculate and Pay Estimated Taxes as a Sole Proprietor

If you run your business as a sole proprietor, you may need to pay estimated taxes to the IRS throughout the year. Read more

contractors files

Employee or Independent Contractor? Understanding the Classification Tests

Are you completely confident you're correctly classifying workers as independent contractors? Read more

retirement golden nest egg

Choosing a Retirement Plan for Your Small Business

As one of the most desirable employee benefits, a retirement plan can help you attract and retain a higher caliber of employees. Read more

tax planning on chalkboard

14 Tax Resources for Small Business Owners

December 15, 2017,

SCORE offers plenty of tax resources for small business owners and freelancers, during tax season and all year round.

woman restores old wooden chair

Is Your Business at Risk of Being Classified as a Hobby?

December 13, 2017,

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."

computer mouse to word tax

Understanding Internet Sales Tax

Internet sales tax, or sales tax on goods sold online, is a complex issue. Forty-five states and DC require consumers to pay sales taxes on purchases. Read more