Don’t Overlook These Essential Small Business Tax Credits
As a small business owner, proper tax planning will ensure you take advantage of every tax credit you qualify for. We outline five essential small business tax credits.
Maximizing Deductions for Start-Up Costs
Starting a business? Know what qualifies as a capital expenditure and a start-up cost, and which ones can be deducted.
Are You Subject to Self-Employment Tax?
All self-employed taxpayers who have more than $400 in net profit from their self-employment must pay self-employment tax.
Business Owners: This is How You Should Conceptualize Financial Results
Whether you’re a serial entrepreneur or simply looking to grow your small business to a sustainable level then reassess your goals, it’s crucial to understand your venture’s financial results.
The Checklist Every Small Business Owner Needs for New Hires
Growing your business to the point that you need to hire employees is exciting. It’s also rife with admin burdens that you don’t want to be unprepared for.
All the Expert Tips You Need to Properly Manage Cash Flow for Your New Business
Managing your business’s cash flow is about having access to what you need to put your best foot forward today AND to better prepare yourself for challenges that may develop in the future.
Is It Time for a Payroll Tax Checkup?
Was your 2018 federal tax refund less than normal, or—worse yet—did you owe tax despite usually getting a refund? We explain why it might be time for a payroll tax checkup.
Get Those Kids a Job, and Take Advantage of Tax Breaks
Children who are dependents of their parents are subject to what is commonly referred to as the kiddie tax. This generally applies to children under the age of 19 and full-time students over the age of 18 and under the age of 24. The kiddie tax originated many years ago to close a tax loophole…
In the News: Is cash king when selling a business?
In today’s Marietta Daily Journal, Bil Lako, CFP® explains that when selling your business, the terms of the offer can vary in risk. Read the article here. Disclosures: The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from sources believed to be reliable and current, but…
Selling Your Business: Terms of the Deal
Certified Exit Planning Advisor K.C. Smith, CFP®, discusses how the terms of the deal when selling your business can affect your bottom line.