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 rate to calculate your de ...

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 passed e ...

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 e ...

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 your business in the USA. ...

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 adding this plan, keep re ...

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 new employees can catch you by surpr ...