The IRS recently released the 2026 inflation-adjusted amounts for Health Savings Accounts (HSAs). Employees will be able to save a modest amount more in their HSAs next year. HSA basics An HSA is a trust created or organized exclusively for the purpose of paying the “qualified medical expenses” of an “account beneficiary.” An HSA can … Continue reading “The IRS recently announced 2026 amounts for Health Savings Accounts”
Month: May 2025
How your business can sharpen its marketing strategy
Creating a marketing strategy for any company isn’t a “one and done” activity. As you’ve no doubt experienced, the approach you use to connect with your audience needs to adapt to factors such as the economy, marketplace changes, and customer and prospect preferences. Let’s take a step back and review some of the big-picture tasks … Continue reading “How your business can sharpen its marketing strategy”
Why Background Checks Are Essential for Protecting Your Business
Hiring the right employee the first time is a win-win scenario for both employers and employees. But a bad hire can cost your business up to 30% of the employee’s first-year earnings—a major loss, especially for small and medium-sized companies. Some of these costs are tangible, such as recruitment, onboarding, training, and even fraud or … Continue reading “Why Background Checks Are Essential for Protecting Your Business”
Can you turn business losses into tax relief?
Even well-run companies experience down years. The federal tax code may allow a bright strategy to lighten the impact. Certain losses, within limits, may be used to reduce taxable income in later years. Who qualifies? The net operating loss (NOL) deduction levels the playing field between businesses with steady income and those with income that … Continue reading “Can you turn business losses into tax relief?”
4 ways business owners can make “the leadership connection”
To get the most from any team, its leader must establish a productive rapport with each member. Of course, that’s easier said than done if you own a company with scores or hundreds of workers. Still, it’s critical for business owners to make “the leadership connection” with their employees. Simply put, the leadership connection is … Continue reading “4 ways business owners can make “the leadership connection””
Top QuickBooks Integrations to Streamline Operations
QuickBooks is one of the most widely used accounting platforms for small businesses in the U.S., with millions of users across industries. Designed to be intuitive for small business owners without an accounting background, QuickBooks can be a powerful tool not just for bookkeeping, but for managing your operations more efficiently—especially when paired with the … Continue reading “Top QuickBooks Integrations to Streamline Operations”