Oh no! My business just got an audit notice from the IRS!
Getting an IRS audit notice would probably induce stress for just about any small business owner. But if you find yourself in this situation, there are a few things to keep in mind that can make your life easier. First, there are a lot of scams out there trying to...
Federal Beneficial Ownership Information regulation deadline is nearing for many small businesses*
UPDATE: Federal Beneficial Ownership Information regulation found unconstitutional A federal judge in Texas ruled in early December 2024 that the Beneficial Ownership Information (BOI) rule of the federal Corporate Transparency Act (CTA) is unconstitutional. You may...
How much cash reserves do you need before you hire new staff?
For a small business, hiring a new employee is a big deal. It is a major investment and also an exciting milestone. Adding staff means you’re growing and potentially increasing revenue. But there is more to the financial side of adding an employee than just being sure...