5 Star Accounting and BusinessPosts tagged "Taxes"

6 tax-planning ideas to close out 2021

With year’s end approaching, it’s time for tax planning and preparation. Before you begin to prep for this critical time, keep in mind that there have been some changes that might impact your tax situation. To soften the tax load and come out on top...

5 things to consider when exiting the small business world

Rarely does a businessperson open shop for the sole purpose of selling the business down the road.   After years of investments, sweat equity and passion, moving on can be one of the most difficult things one can do.   Yet, selling your business might also be just the...

4 tips to help small business owners thrive

As a small business owner, you launched your enterprise with full knowledge of the obstacles you’d face.   You’re aware how much work goes into building and sustaining business success. Each year, about 20% of businesses are forced aside. About half of all businesses will close within...

8 tips for managing remote work

At the start of the pandemic, remote work seemed like it wouldn’t work.   Technology and logistics were some of the main obstacles that we soon learned to overcome or work around.   While remote work continues to pose challenges as it becomes more of a mainstay, many businesses...

5 ways small business can boost efficiency

Adjusting to business life during the pandemic was a heavy lift for employers and employees alike.   As your business makes permanent changes and looks forward to future growth, boosting efficiency will be one of the top priorities. Here are five ways that your business can fire...

5 ways small business owners can conquer payroll

With things opening back up and summer just around the corner, many businesses are ramping up their operations for busier times. For new businesses, there’s even more exciting work ahead.   Setting up payroll will be one of those major tasks. With a little guidance and patience,...

Do you qualify for $5B small business grant program?

Eligible small business owners can now receive grant assistance through the Small Business Administration.   Five billion dollars in grants known as Supplemental Targeted Advances are now available to about 1 million businesses hardest hit by the ongoing pandemic.   Businesses that benefited from prior programs, such as the...

5 best small business deductions for 2021

Hopefully, the light at the end of the tunnel will continue to brighten. For many small business owners, getting through economic pain of the pandemic is still an uphill climb. More than any other year, lowering your taxable income is a big priority. As a business...