Jan 8, 2026 | Business Planning, Tax News
The Internal Revenue Service has announced that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents in 2026, while the mileage rate for vehicles used for medical purposes will decrease by half a cent, reflecting updated cost...
Dec 30, 2025 | Business Planning, Personal Financial Planning
On your employee’s first day on the job, you are required to ask them to complete federal Form W-4, Employee’s Withholding Certificate. (Multiple language versions are available here.) The employee enters various data onto the form — including their tax...
Dec 18, 2025 | Business Planning, Personal Financial Planning
Fairness isn’t always about equal shares — it’s often about what makes sense based on each person’s needs and circumstances. Sometimes one child needs more financial support or hands-on help. Other times, it’s about who’s better equipped...
Nov 18, 2025 | Business Planning
Cyber liability insurance protects your business from any financial losses if it suffers a data breach, ransomware attack or any other type of cyberattack. This type of insurance has only become more important as a greater number of small businesses store customer...
Nov 13, 2025 | Business Planning
Ordinary and necessary travel expenses are deductible when you travel away from home on business. You are considered to be traveling away from home if: your duties require you to be away from the general area of your “tax home” substantially longer than an ordinary...
Nov 11, 2025 | Business Planning
The most successful small-business owners are not the ones who only have great original ideas. They are successful because they also know how to read the current and future marketplace and can quickly adapt to changes they see on the horizon. The ability to navigate...
