What are the Tax Consequences of Closing a Small Business?


Running a small business can be rewarding, but many entrepreneurs reach a point when they decide it is time to close up shop. Whether it is tied to a planned […]

The Capital Gains Tax Consequences of a GameStop Windfall


You may have heard the news about how a critical mass of investors drove GameStop’s stock value to unimaginable heights, to the chagrin of wealthier investors who were betting on […]

3 Legal Documents to Support Diversity and Inclusion in the Workplace


An inclusive workplace is one that supports diversity and a cooperative, collaborative environment that is fair for all workers. An inclusive business culture creates a sense of belonging for everyone, […]

How Will PPP Loans Affect Your Small Business Taxes?

Small businesses in many industries have been adversely affected by the ongoing COVID-19 pandemic. Paycheck Protection Program (PPP) loans created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act […]

Small Business Loan Opportunities for Black-Owned Businesses


Data from the U.S. Federal Reserve, made available in the 2017 Report to Congress on the Availability of Credit to Small Businesses, shows that African American entrepreneurs and Black-owned businesses […]

Should You Copyright Your Business Website?


A copyright legally protects original works of authorship from being published or copied without the original creator’s permission. It covers both published and unpublished works. It addresses things like writings, […]

How to Write a Business Plan During the Pandemic


A detailed business plan offers small businesses an essential tool for starting a new venture or reimagining an existing one. It can be a compass that points towards success by […]

Should You Incorporate Your Rental Property?


As a rental property owner, you have to address a lot of challenges—from midnight phone calls about leaking water to ensuring that tax payments are paid on time. With the […]

Identify Your Target Audience and Grow Your Small Business


Learning the ins and outs of marketing for your business takes a good deal of commitment. It’s easy to get lost in all of the techniques because there can be […]

Small Business Tax Deadline: Unemployment Reports, W2s, and 1099s


The year-end rush many small businesses face may end when the calendar turns from 2020 to 2021. However, small business owners and managers must then turn their attention to meeting […]

When Should Businesses Use Tax Form 1099-NEC Instead of 1099-MISC?


Many small businesses rely on independent contractors either instead of, or in addition to, W2 employees. If you pay independent contractors to provide services for your company, be aware that […]

Protect Your Small Business from Cyberattacks


As a small business, you may not have thought much about cyberattacks. In fact, 54% of small businesses believe they are too small to be subjected to a cyberattack. But […]