If you need financing to start or expand a small business, loan programs through the U.S. Small Business Administration (SBA) may be worth exploring. These loans often offer lower down payments, interest rates and borrowing fees, along with more flexible application requirements than some traditional financing. However, it is important to review the details carefully, […]

Tax scammers continue to target individuals through email, text messages, phone calls and regular mail. Scammers can often use fear or a false sense of urgency to pressure victims into sharing sensitive information or sending money. The IRS reminds taxpayers to stay alert because scammers continually change tactics to steal personal and financial information. IRS […]

Many small business owners dismiss Roth IRAs because they believe their income is too high for them to qualify to make Roth contributions. Others assume their current tax rate is higher than it will be in retirement, so they prioritize tax deductions now over tax-free income later. But overlooking a Roth IRA entirely could mean […]

When inflation rises, your margins can feel the pressure fast. For the 12 months ending in April 2026, the U.S. inflation rate was 3.8%, according to the U.S. Bureau of Labor Statistics. But your business’s real-world costs — products, materials, labor, shipping and everyday operating expenses — may be climbing even faster. To stay ahead, […]

Gifting artwork to charity can be a meaningful way to support an organization you care about while potentially receiving a tax benefit. However, the deduction you’re eligible for may vary based on who receives the artwork, how the charity intends to use it and whether you meet the required documentation and appraisal rules. Relation to […]

Your business may feel large to you, but the IRS and other government agencies may define its size differently depending on the tax provision involved. Qualifying as a “small business” can open the door to valuable tax advantages, but the rules aren’t one-size-fits-all. You may be eligible for some small business breaks while missing out […]

Beginning July 1, $2 million in tax credits will be available. Because these credits have historically been claimed quickly, applicants should be ready to submit their applications when the program opens — ideally on July 1, but no later than July 7. The Endow Kentucky Tax Credit allows Kentucky income taxpayers (individuals and businesses) to […]

Given the many potential threats to your business’s assets, cash flow and human resources, which types of insurance products and how much coverage do you need? It helps to first understand what’s available. Some organizations pay for policies that don’t make sense based on their industry or operations. Others have inadequate coverage where risk may […]

Whether you’re relocating for work, retirement, family or lifestyle reasons, state taxes can have a significant financial impact. Taxes vary widely from state to state. And establishing residency for tax purposes may be more complicated than you expect. Before moving, be sure you understand how changing states could affect your overall tax situation. A variety […]

Tax identity theft isn’t limited to individual taxpayers — businesses are also targeted through their Employer Identification Numbers (EINs), payroll systems and tax filings. The financial impact of these crimes can be significant. Here’s what you need to know to protect your business. Businesses may face delayed or stolen tax refunds, unauthorized payroll filings, and […]