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Small business owners are sometimes reluctant to set up retirement plans because of the administrative burdens. Here are two options to consider that have less stringent requirements than traditional qualified retirement plans.

Thinking about hiring your teenager to work in your business? There can be significant tax benefits.

For tax purposes, there are many ways to conduct a business. For example, you may operate as an S corporation or a partnership. But many new ventures start out as sole proprietorships. Here are some tax considerations involved in operating with that entity.

The Paycheck Protection Program has undergone some notable changes recently as the Small Business Administration and Biden administration seek to give very small businesses easier access to loan funds.

Buying or selling a business may be the largest transaction you’ll ever make. Pay attention to taxes. After a deal is done, it may be too late to get the best tax results.

Businesses that have been hit hard by the COVID-19 may be able to obtain help with PPP loans. Here are the basic rules, as well as the tax implications.

Some taxpayers may be able to achieve significant savings with the QBI deduction by taking certain steps at year end.

Family-owned businesses face distinctive challenges in today’s uncertain economy. One example is how to best integrate your succession plan with your estate plan.

Before Dec. 31, your business should buy any needed business assets and place them in service. That way, you can take advantage of the Section 179 deduction and bonus depreciation.

Has the COVID-19 pandemic wrought difficult changes on your business? If so, be sure to make the most of what you’ve learned by engaging in change management.