Archive for the Small Business Tips Category

There are tax implications to consider when turning your hobby into a business. Perhaps you enjoy sewing and would like to open a seamstress business. Or maybe you would like

Although not a significant amount, the standard business mileage rate is increasing in 2024 to 67 cents (up from 65.5 cents in 2023). Do you use the optional standard mileage

Many small business owners are seeking ways to embrace more sustainable operations. And if they can lower their tax bill simultaneously, that’s a win-win. And that’s exactly what the recently

The Small Business Administration is providing a loan forgiveness deadline for Disaster Loan (EIDL) and Paycheck Protection Program (PPP) loans. The forgiveness applies to loans under $100,000 in an effort

Whether you’ve had a business for a while or thinking about starting one, it’s a good idea to make it official. Regardless the reason, there are several ways to incorporate

Many large companies offer a 401(k) plan. But small companies avoid offering such a plan under the assumption that the benefit is too expensive or risky. If you are resisting

Business growth is a good thing when you are prepared for it, and it’s actually part of owning a business. If you’re not prepared for expansion, the cost of hiring