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No matter how big or small the business, properly managing accounts payable is critical. Here are some fundamentals to review.

If your business doesn’t already have a retirement plan, now might be a good time to take the plunge. Current retirement plan rules allow for significant tax-deductible contributions. For example, if you’re self-employed and set up a SEP-IRA, you can contribute up to 20% of your...

In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for goods and services instead of paying cash for them. Bartering is the oldest form of trade and the internet has made it easier to engage with other businesses. But...

For many businesses, technology has changed from something they use to something they do. When a company reaches a point where IT plays a central role in operations and productivity, ownership might want to create one or more leadership positions to specifically oversee...

Was your company’s strategic plan a smashing success in 2021? Look carefully at these three areas of the business to answer this question and develop objectives for 2022.

The price of gas is up about $1 a gallon from a year ago. How does this affect the amount your business can deduct for business driving in 2022?

In the year ahead, businesses will need to continue transforming in response to public health and economic developments. Change management can help your company handle the challenge.

Business owners and their employees don’t have to pay Social Security tax on all their wages. Amounts above a certain threshold aren’t subject to Social Security tax. The “wage base” for 2022 was recently announced.

Many small businesses are still feeling the pressure of the pandemic. If yours needs a loan, check out the SBA’s newly enhanced COVID-related EIDL program.

Are you ambitious enough to open a second location of your business? The idea may have merit, but you’ll need to explore all aspects of it first.