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The Tax Relief for American Families and Workers Act of 2024 introduces tax relief and adjustments to support American businesses and families, with key provisions for R&D, asset expensing, and child tax credits, effective immediately upon passing through 2025. What does this mean for small business owners?

Discover 2023 Roth IRA and traditional IRA limits, including contribution caps, income guidelines, spousal contributions, and tax deductions for retirement planning.

Each state treats unemployment differently. Wondering how much you're eligible for? Here's a rundown on all the details of the minimums, maximums, and calculations state-by-state.

Discover the latest initiatives from the Small Business Administration, offering additional support to PPP and COVID EIDL borrowers.

MWBE certification is a powerful tool for minority and women-owned businesses. It provides numerous benefits such as business development support, government contracts, and networking opportunities. The certification process, while extensive, is well worth it for the growth and success of your business. So, if your business meets the eligibility criteria, don’t hesitate to embark on the journey towards MWBE certification.

Switching to an S corporation can shield personal assets, offer tax savings, and attract investors, ideal for businesses facing higher risks and profits. This structure enables legal separation and efficient tax handling. Bench assists in navigating the transition, providing expert bookkeeping and tax services for various business structures.

While the decision to dissolve a corporation can be difficult in itself, we’re here to make the process of dissolving a little bit easier.

Accidents happen. If you don’t want them to bankrupt your business, you probably need some kind of small business insurance. We round up the best small business insurance providers of 2023.

Three important considerations for forming a successful business strategy in 2023.

Veterans are, by and large, an entrepreneurial group. Here are the top 8 grants, training programs, and funding resources for veterans looking to start or grow a business.

Wondering how you can take advantage of the Black Friday rush and stand out from all the noise? Here are nine strategies for small businesses.

Explore the importance of debt ratio in gauging financial health. Learn its calculation, implications, industry insights, and strategies for optimal financial stability.

The Bureau of Labor Statistics (BLS) releases monthly Employment Situation reports, which exclude farm workers, certain government workers, and some others, offering insights into the state of the U.S. economy through data on unemployment, hours worked, and earnings. This data, sourced from surveys such as the Household and Establishment Surveys, is crucial for economists, policymakers, and investors to identify economic trends, even though it's subject to some inaccuracies and requires regular revisions.

Understand the basics of equity instruments and explore real-world examples with our comprehensive guide. Gain insight into the world of finance and investing today.

This guide provides a roadmap to help you navigate through the intricacies of legal structures for your business.

It can be beneficial for your small business to become an S corp for big tax savings, but you should be cautious in how you pay yourself. Here we break down your three payroll options, which you should choose, and why.

If your gross margin isn’t enough to make your business profitable, it’s time to re-evaluate your pricing.

A recession can shrink revenue numbers and put you in a crunch. But knowing what a recession is and when it's coming will help you get by.

Cash is king. Here's how to make sure you have enough of it next month (and the month after that).

Learn how to automate your small business and stop devoting your time to boring tasks. Here are 19 areas of your business you can automate today.

Having the right productivity stack can simplify your day-to-day operations and keep you focused on the activities that directly generate revenue. Here's our top favorites.

Tracking miles can save you money in taxes, but you need to keep organized. Logbooks and paper records can make a mess. These mileage tracker apps keep your car from turning into a rolling filing cabinet.

Shareholder loans lets you temporarily move money in or out of a corporation. But there's a strict process you need to follow. Here's how.

Annual reports are a simple form corporations need to file with the secretary of state. Here's what you need to know about them.

If you’re looking to provide health insurance to shareholders in an S corporation, there’s a catch. We've got the rundown on what you need to know.

Unlock the secrets to analyzing a company's financials. Conduct a comprehensive review and discover tips on how to interpret financial data to gain valuable insights.

Small business retirement plans are crucial for financial security. They offer significant tax-saving advantages for both you and your employees. Discover the details.

There's lots of benefits you could offer your employees. But which ones actually matter?

Proportionately, black businesses have less access to capital. Here are 7 different programs trying to address that inequality.

For ecommerce business owners, an upwards trend in cross-border online shopping means international expansion isn’t just a choice, but a necessity.

Everything you need to know about workers' comp: what it is, who needs it, how to get it, and more.

There's lots of benefits you could offer your employees. But which ones actually matter?

If you’re a woman and own a business, you might be eligible for the following small business grants.

Who doesn’t want free money? Here’s a big list of U.S. small business grants, and how to win them.

If you often find yourself feeling overwhelmed, insecure, or frustrated with how your business is currently running—bringing in a trusted advisor can be a game-changer.

Use this free downloadable 2023 payroll calendar to manage your payroll for the upcoming year.

Categorizing your expenses correctly will make everything easier, from filing your taxes to developing your budget. Learn more and download our free expense tracker.

An SBA loan can help your business grow—here’s how to qualify for one.

What's the difference between a 1099 and a W-2? Which should I hire?

If the past few years have shown us anything, it’s just how crucial having an emergency fund for your company can be. Here's how to start saving.

When you learn how to do a basic cash flow analysis, you’ll feel more confident about making business decisions.

Every business needs to raise prices at some point—but how do you tell your customers? A price increase letter template can help.

As an employer, having a solid understanding of the types of payroll deductions you need to withhold from your employees’ paychecks is crucial. Here's how to calculate employee deductions, plus some payroll pitfalls you'll want to avoid.

President Biden's Student Debt Relief Plan will positively impact small business owners. Here's how.

The Inflation Reduction Act of 2022 has several provisions that can help small business owners.

Protect your small business from the effects of inflation by staying on top of your books, analyzing your profit margins, and adapting your business practices.

The best way to pay yourself from your small business depends on your small business structure, your business’s development stage, and your respective tax obligations. Here's how to decide what makes sense for you.

If you’re wondering what is invoice factoring; we have the answer. Plus, we share what situations invoice factoring is used for and how it drives growth.

By automating parts of your business, you can improve inefficiencies, reduce costs, eliminate human error, and increase customer satisfaction.

Take the confusion out of payroll, and avoid costly fines, with our how-to payroll guide.

Business hacks are tips and tricks that help business owners and managers do more with limited resources. Find business hacks for ecommerce here.

Black business owners and entrepreneurs face unique challenges in growing their businesses. Business networking and mentorship groups can help.

Some things are better off in someone else’s hands.

Considering hiring abroad? It's easier than you may think!

A clear shipping policy for your online store saves you time and keeps your customers informed. Here's what you need to include and why it matters.

If you're a small business owner, you may not know what a registered agent is and if (or why) you need one. Here's what they do and how they can help.

As a business owner, you’ve likely heard the term “per diem” before—but what exactly does “per diem” mean? And what does it mean for your small business?

Do your customers use the terms "quote" and "estimate" interchangeably?

A simple breakdown of how to spend your EIDL funds.

Finding a mentor on your own can be tricky. If you’re not sure where to start, we have some ideas.

What are virtual assistants, and how exactly are they supposed to “assist” me? Here are 36 ways they can help you.

EIDL loans past a certain amount will require collateral. Here's everything you need to know.

PPP Direct Forgiveness is a new streamlined application process for PPP loan forgiveness. Here's a straightforward breakdown.

The EIDL loan and grant program has re-opened for all small businesses. Here's everything you need to know.

The top eight financial relief resources for minority-owned small businesses in the U.S.

Here’s our comprehensive guidance on setting yourself up for full loan forgiveness under the PPP, with the latest guidance from the U.S. Treasury.

With everything employers have to tackle, running a business can be tough. A Professional Employer Organization can help you focus on growing your business.

Is your small business based in New York and in need of financial assistance? The state has allocated $800 million for a new Business Pandemic Recovery Initiative.

Here's what an FTE is, and how to calculate your totals for the PPP.

A new stimulus bill was signed on December 27 making a second PPP loan available to eligible small businesses. We've got you covered on everything you need to know.

If you started business in 2020, you can still get a PPP loan if you began operations before February 15. Here's what you need to know about applying for a PPP loan as a new business.

If you're self-employed, you're still eligible for the Paycheck Protection Program. Here's how it works.

Some action steps to take if your PPP loan size isn't what you expected.

A simple breakdown of requirements to help you determine if you qualify for the second round of PPP funding to receive either your first or second PPP loan.

Here are the required documents you'll likely need to get approved for a PPP loan.

If you're applying for the Paycheck Protection Program, your "owner draws" don't count as salary. Here's how to properly fill out that section and calculate your "salary."

Certain businesses can request to increase their PPP loan amount in 2021. Read on for eligibility and how to calculate your PPP loan increase.

To receive a second PPP loan, eligible businesses are required to show a 25% reduction in revenue. We cover what this new requirement means and how to calculate it.

Are you planning to apply for the second round of PPP? We cover what you need to know about the process for getting a second PPP loan as a small business owner.

A second stimulus bill was passed with new benefits for small businesses. Read our simple guide to quickly learn how it impacts you.

Select businesses are eligible to apply for a second PPP loan. We’ve got the info you need to make applying a breeze.

Whether you’re applying for a first draw PPP loan or a second draw PPP loan, here’s what you need to know about the Paycheck Protection Program.

Looking to have your PPP loan forgiven? We've compiled an up-to-date list of PPP lenders currently accepting loan forgiveness applications.

The amount of your Paycheck Protection Program loan will depend on your salary expenses. Here's how to calculate your loan amount.

Businesses that missed out on a PPP loan in 2020 have a new opportunity to apply in 2021.

The Restaurant Revitalization Fund offers grants businesses the serve food and beverages. Here's what you need to know before applying.

Taxes are a little weird this year. Here's how the different exemptions work.

PPP forgiveness works differently for sole proprietors and independent contractors, the biggest difference being the concept of "owner compensation share" which greatly simplifies the loan forgiveness process. Here’s everything you need to know.

With everything employers have to tackle, running a business can be tough. A Professional Employer Organization can help you focus on growing your business.

The PPP offers fully forgivable loans to the self-employed and now PPP forgiveness for the self-employed is easier than ever to obtain.

The latest guidance on Owner Compensation Replacement and PPP forgiveness for the self-employed.

After facing criticism for being too exclusive, the SBA changed the eligibility for those with a criminal history. Find out more about how the PPP is more accessible to all businesses.

When it's time to move on, here's how to sell your small business, step by step.

Lenders are starting to open up for forgiveness applications. This means it's time to start collecting the documents and reviewing your use of your PPP loan. We've got you covered for all the things to collect before applying for forgiveness.

A simple guide to filling out the PPP forgiveness application form.

PPP forgiveness applications have largely been paused, but that doesn't mean you can't take action today. Here's what you can do to start preparing for PPP forgiveness.

The safe harbors you need to know to maximize your PPP loan forgiveness.

The Paycheck Protection Program offers forgivable loans if used correctly. If you don't receive forgiveness on the full loan amount, here's what you need to know about why and what can be done next.

The decision to close a business is an extremely difficult one. But once the decision is made, we've got you covered on the steps you need to take.

A new Paycheck Protection Program loan forgiveness application form is out. Forgiveness is now simpler than ever before for borrowers with loan amounts less than $50,000. Here's what you need to know.