A hand holding a gas pump handle.

Drive down your business taxes with local transportation cost deductions

Understanding how to deduct transportation costs could significantly reduce the tax burden on your small business.

Read more about Drive down your business taxes with local transportation cost deductions ➞
A man in a suit pressing an up arrow with his finger.

Family business focus: Taking it to the next level

Family businesses often start out small, with casual operational approaches. However, informal (or nonexistent) policies and procedures can become pro...

Read more about Family business focus: Taking it to the next level ➞
Notebooks, glasses, charts, graphs and a calculator on a desk.

Senior tax-saving alert: Make charitable donations from your IRA

If you’ve reached age 70½, you can make cash donations directly from your IRA to IRS-approved charities. These qualified charitable distributions (QCD...

Read more about Senior tax-saving alert: Make charitable donations from your IRA ➞
A gloved hand holding a wooden block that says health savings account.

Healthy savings: How tax-smart HSAs can benefit your small business and employees

As a small business owner, managing health care costs for yourself and your employees can be challenging. One effective tool to consider adding is a H...

Read more about Healthy savings: How tax-smart HSAs can benefit your small business and employees ➞
Wooden blocks that spell Tax 2025

How inflation will affect your 2024 and 2025 tax bills

Inflation can have a significant impact on federal tax breaks. While recent inflation has come down since its peak in 2022...

Read more about How inflation will affect your 2024 and 2025 tax bills ➞
Business professionals grabbing food from a buffet.

When can you deduct business meals and entertainment?

You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. The rules have changed in rec...

Read more about When can you deduct business meals and entertainment? ➞
A business woman holding up 3 fingers.

3 types of retirement plans for growing businesses

When start-ups launch, their focus is often on tightly controlling expenses. Most need to establish a brand and some semblance...

Read more about 3 types of retirement plans for growing businesses ➞
Solar panels on the roof of a house.

Get tax breaks for energy-saving purchases this year because they may disappear

The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. You may want to take advantage of the...

Read more about Get tax breaks for energy-saving purchases this year because they may disappear ➞
Highlighter, graphs & charts and a notebook.

Self-employment tax: A refresher on how it works

If you own a growing, unincorporated small business, you may be concerned about high self-employment (SE) tax bills.

Read more about Self-employment tax: A refresher on how it works ➞
A chalk board with writing and a woman holding a stick of chalk.

Business owners: Be sure you’re properly classifying cash flows

Properly prepared financial statements provide a wealth of information about your company. But the operative words there are “properly prepared.

Read more about Business owners: Be sure you’re properly classifying cash flows ➞
A cartoon man holding a large key over his head walking towards a giant keyhole.

Unlocking the mystery of taxes on employer-issued nonqualified stock options

Employee stock options remain a potentially valuable asset for employees who receive them.

Read more about Unlocking the mystery of taxes on employer-issued nonqualified stock options ➞
The year 2025 with a bag of money in place of the zero.

The amount you and your employees can save for retirement is going up slightly in 2025

How much can you and your employees contribute to your 401(k)s or other retirement plans next year?

Read more about The amount you and your employees can save for retirement is going up slightly in 2025 ➞
A spiral notebook.

Marketing your B2B company via the right channels

For business-to-business (B2B) companies, effective marketing begins with credible and attention-grabbing messaging.

Read more about Marketing your B2B company via the right channels ➞
Wooden blocks that spell nanny tax.

The nanny tax: What household employers need to know

Hiring household help, whether you employ a nanny, housekeeper or gardener, can significantly ease the burden of childcare and daily chores.

Read more about The nanny tax: What household employers need to know ➞
Toy planes and luggage on a map.

From flights to meals: A guide to business travel tax deductions

As a business owner, you may travel to visit customers, attend conferences, check on vendors and for other purposes.

Read more about From flights to meals: A guide to business travel tax deductions ➞