Business Resources for Veterans

Veterans who decide to enter the workforce as entrepreneurs can find numerous resources to help them start and grow a business. The U.S. Small Business Administration has an Office of Veterans Business Development. Specialized loans for veterans are also available. Watch this video for more information.

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Several Tax Law Changes May Affect Bottom Line of Many Business Owners

The following article was published by the IRS.  The Internal Revenue Service is reminding business owners that tax reform legislation passed last December affects nearly every business. With just a month left in the year, the IRS is highlighting important information for small businesses and self-employed individuals to help them understand and meet their tax …

Continue reading Several Tax Law Changes May Affect Bottom Line of Many Business Owners

Here’s How the New Tax Law Revised Family Tax Credits

The following article was published by the IRS. More families will be able to get more money under the newly-revised Child Tax Credit, according to the Internal Revenue Service. The Tax Cuts and Jobs Act (TCJA), the tax reform legislation passed in December 2017, doubled the maximum Child Tax Credit, boosted income limits to be …

Continue reading Here’s How the New Tax Law Revised Family Tax Credits

The Pros and Cons of Owning a Food Franchise

The following article was published by the SBA. When it comes to deciding on the type of franchise business you want to own, there are several factors to consider. The business location, how many people you’ll employ, and more. And once you’ve decided on a franchise business you think you’d like to own and operate, you’ll have to weigh …

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How Pass-Through Income Will Be Taxed In 2018 For Small Business Owners

The new 20% Qualified Business Income deduction is now available to small business owners, courtesy of tax reform. Learn how the QBI deduction works, what entities are eligible, the phaseout ranges, the restrictions, and how services vs non-services businesses will be treated under the new tax rules.