What are the Tax Consequences of Closing a Small Business?

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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

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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

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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

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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?

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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 It covers both published and unpublished works.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

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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?

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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

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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

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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?

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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

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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 […]