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The specific changes that affect your company can depend on factors such as your business structure and size, but in general, some of the more notable tax changes that small business owners should ...
Here’s what small business owners should keep in mind in 2025. INFLATION. Inflation remains a wild card for 2025. Inflation has retreated from its peak of 7.2% in June 2022, ...
The business owner needs to know what’s happening with their business, the market and economy. They may implement new technology quickly or respond to a shift in the market in real-time. Bottom line
A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired. [6] The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the ...
Here are things small business owners should consider as the April 15 deadline looms. Consider an extension. Because of some pending tax legislation in Congress this year, Mitch Gerstein, senior ...
In 2016 a study that examined the demographic of small business owners was published. The study showed that the median American small business owners were above the age of 50. The ages were distributed as 51% over 50 years old, 33% between the ages of 35 and 49, and 16% being under the age of 35.
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