Are you preparing to launch a business or make a sizeable investment to grow your existing business?

Taxes are often a dreaded part of running a small business. Many entrepreneurs and small business owners do not have income taxes withheld automatically from wages the way that a W-2 employee does.

A new year brings new guidelines for tax deductions as well as opportunities to learn how you can maximize your deductions as a small business owner.

Here are five important topics to help you prioritize your goals for a successful 2023.

Financial statements are key tools to understand the financial status of an organization and make sound decisions for the short-term and long-term future.

It is important to explore the difference between exempt and non-exempt employment status as it impacts the taxes, benefits and incentives your business will pay. Understanding the rules for both classifications will help you build a staff structure that is best for your company.

The demands of running a small business, though, oftentimes take priority over personal financial planning for the business owner. Don’t let this happen to you.

The end of the calendar year is the perfect time to perform a QuickBooks cleanup along with other record-keeping and accounting-related tasks. To guide you through this process, here is a checklist of year-end to-dos.