Each year, businesses give a W-2 form to each employee. The W-2 shows all taxable wages paid to the individual during the calendar year. The W-2 also includes...
Should You Revamp Your Business, Rebrand, or Spruce Up Your Products or Services for the New Year?
As the new year approaches, small business owners often reflect on their goals and their businesses' performance over the past year. This period of reflection is an ideal...
Your max contributions to 401(k) plans for 2025 increase to $23,500, up from $23,000 for 2024, according to the IRS. The tax agency also issued technical guidance regarding...
Bringing the Workplace Together for the Holiday Season: A Guide for Small Business Owners
The holiday season is a wonderful opportunity for small business owners to unite their employees, celebrate accomplishments, and show appreciation. In small businesses, where each employee plays a...
The U.S. tax code is complicated and often hard to understand, with many provisions, credits and disallowances. Let's review a few credits that many people are interested in,...
Business meals: yes or no on deductions? In brief, you cannot take a deduction for any expense related to activities generally considered entertainment, amusement or recreation. However, you...
Should Your Employees Believe in Your Mission Statement and Values?
Running a small business is more than just offering products or services. It’s about creating a culture and building a brand that reflects your mission and values. For...
