In manufacturing, construction and other higher-risk industries, workplace safety is usually top of mind. But every business — from retailers to resta...
Your 2026 tax return isn’t due for months, but actions to reduce your tax liability generally must be taken by December 31. Here are eight tax plannin...
Whether it’s unauthorized payroll payments, pilfered inventory, stolen equipment or forged checks, theft can be a devastating blow for a small busines...
6 ways to uncover your business’s profit potential
Rising costs and inefficient operations can leave your business earning less than it should. A thorough review of how you make and spend money can rev...
A charitable remainder trust can provide tax benefits and more
If you’re thinking about making a large gift to charity before year end, options besides an outright gift of cash are worth considering. One alternati...
Self-employment (SE) tax can be a major expense for small business owners — and many self-employed individuals are surprised by this obligation when t...
If you’re in the process of buying a home, or you bought one earlier this year, you probably know that you may be able to claim the property tax deduc...
The benefits of increasing your 401(k) contributions before the year runs out
As 2026 draws to a close, your employer’s 401(k) plan may offer an opportunity to reduce your current income taxes while building your retirement savi...
IRS publishes new per diem business travel rates for fiscal year 2027
Many businesses use federal “per diem” rates to reimburse employees for out-of-pocket travel expenses. In Notice 2026-60, the IRS announced special pe...
Cost vs. coverage: Renewing your business’s employee health plan
If your business’s renewed employer-sponsored health insurance plan starts at the beginning of the calendar year, you’re probably negotiating next yea...
Expecting a big revenue year? Consider tax moves before year end
For most small business owners, strong revenue growth is something to celebrate. But a profitable year can also significantly increase your income tax...
