The Big Beautiful Bill: What Small Business Owners Need to Know
Passed July 3, 2025, the "One Big Beautiful Bill Act" includes new federal income tax deductions for workers—but no changes to payroll processing. 🚨 Key Takeaways for Employers:...
Blog
We know how challenging running a business can be. Review the following blogs we have provided to help you influence and thrive in your community!
Additional Posts
Understanding IRS Form W-2
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...
IRS Announces Mileage Change For 2025
At the end of December, the IRS announced standard mileage rates for 2025. Below are the deductions, if you are using an automobile for approved purposes: Self-employed and...
IRS Announces Retirement Plan Changes
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...
What's the Story on Meal Deductions?
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...
Payroll: Deadlines Are Key
Simple payroll errors are avoidable, but if you don’t pay attention, you could end up facing consequences that cost thousands of dollars in compliance penalties. Not only that...