Business

When you convert your vacation into a business trip, your transportation expenses suddenly become deductible. And when you travel for business, you deduct the expenses. Think of the tax deduction as a travel discount. The size of the discount depends on your tax bracket. That could amount to 30,...

If you sell goods and services and are paid through a third-party settlement organization (TPSO), such as PayPal, the IRS changed the likelihood of your receiving a 1099-K. Here’s what you need to know about IRS Form 1099-K. What Is Form 1099-K?

Introduction Tax resolutions are a vital aspect of personal finance that demands attention and comprehension. Many individuals find themselves overwhelmed by the complexities of tax obligations and often need help understanding the significance of tax resolutions. However, acquiring knowledge in this domain is crucial for maintaining financial stability, avoiding...

You’ve probably heard the maxim that it’s better to work smarter than harder. Working smarter means allocating your time, energy and money so vital tasks get done more efficiently, freeing up your personal time. Too many business owners think they must keep working harder—taking on more responsibilities and working...

How do you get things done? Simple…ask someone who’s already busy. It’s an old joke, but perhaps holding more truth than you realize. Busy people really do seem to accomplish more than everyone else…and it’s not just because they’re busy. They simply have something the rest of the world...

These days, many people are doing their Christmas shopping online, which means there’s a fantastic opportunity for you to get your business noticed by new customers. People who first find your business online at Christmas become loyal, long-term customers when you give them outstanding customer service and value. First,...

If you ask 100 business owners what they like least about running a business, chances are good that bookkeeping will rank high on the list. It’s an annoying and frustrating chore that takes up a lot of time and is easy to put off until tomorrow. Avoiding your bookkeeping...

Did you know that most of the time, 20 percent of your effort correlates to about 80 percent of the results that you get? Discovering the business-oriented actions that make the biggest impact for you means that you can do more of that and less of the things that aren’t as impactful...

When you’re in business for long enough, you’ll likely come up with new ideas you want to try. Innovation is important for your company to grow, to diversify its income, and to attract new customers. An important step between having an idea and jumping into it is testing the idea.

Being a small business owner can be fantastic. You get to be involved in every aspect of your business, from marketing to event planning, from sales to employee development. Being involved in so many areas of your business saves you from boredom and allows you to use skills you might not have...