Sep 17, 2026 | Business Planning, Tax News
Seasonal and part-time employees are subject to the same federal income tax withholding, Social Security, and Medicare tax rules as other employees, advises the IRS. Employers must withhold and pay employment taxes on wages paid to these workers. It can be easy to...
Sep 10, 2026 | Business Planning, Tax News
At its core, the federal R&D tax credit was enacted in 1981 to stimulate innovation and business investment. It provides dollar-for-dollar savings tied to qualified research activities. In addition, many states now offer similar tax credits. As a result, federal...
Sep 3, 2026 | Business Planning, Closely Held Business
While traditional banking continues to be the primary source for commercial lending, small businesses are beginning to take advantage of other nonbank alternatives. In fact, according to a Secured Research study, over 70% of small businesses said they shopped around...
Jul 28, 2026 | Business Planning, Tax News
Tax problems can create a surprisingly heavy financial burden for small businesses. Penalties and interest from the IRS, late payment fees, professional costs, audit expenses and even missed deductions or credits can chip away at your cash flow. These issues also tend...
Jul 21, 2026 | Business Planning
The motivation to sell rarely stems from a single reason. Retirement, an unsolicited offer, changes in the market or shifts in personal circumstances are just a few of the many factors that can lead to a sale. However, these reasons are less significant than the...
Jul 14, 2026 | Business Planning, Tax News
Common business structures include sole proprietorships, partnerships, C corporations, and S corporations. Limited liability companies, or LLCs, are widely used and created under state law. Each option has different legal and tax considerations. Choosing the right...
