It’s time to recognize the facts: the US is in a trade war. Some of the victims of the war are almost certainly going to be small businesses and small farms. Maybe even yours. Even if your small business does not directly import or export goods, you’re still going to pay and pay big. I’ve …
How to Lower Your Small Business Taxes
My CPA emailed me Friday night, letting me know the taxes I’ll have to pay on my small business income. Gulp—those number are high! (Note to CPAs—wait til Monday to clobber small business clients with bad news…let us enjoy our weekends.) Is it because I had a banner year? Nope, my income was down. How …
Shutdown Hurt Your Small Biz?
No one is paying small businesses back. The federal government shutdown may be over—at least temporarily—and some government…
Six Small Biz Bombshells in Trump’s Tax Plan
Donald Trump says he wants to lower your business taxes, but if you own a small business, is he likely to keep that promise? Trump and the Republican leadership are expected to propose new tax plans soon, hoping to lower a bunch of taxes: corporate, personal, and capital gains taxes. Trump repeatedly pledged to lower …
Entrepreneurs, Here’s Your Exit Plan
In light of Donald Trump’s election, are you an American looking for an exit? If so, you’re evidently not alone. Fearing a Donald Trump presidency, online searchers crashed the Canadian immigration site on election night. If you’re an entrepreneur, a small business owner, or investor, I’ve got good news: if you’d like to take up …
