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In general, employee compensation, such as wages and salaries, is taxable to workers and deductible by their employers. However, the IRS…

Occupational fraud risk isn’t necessarily shared evenly by all business sectors. Certain industries — for example, construction, real estate, manufacturing and…

Tax credits are far more valuable than tax deductions. Unlike a deduction, which reduces a business’s taxable income, a credit…

The peaks and valleys of the economy — whether global, national or local — can make it difficult for business owners…

Inventory is expensive enough as it is — that’s why the leaner, the better. Businesses that carry inventory need to view…

Weather events can strike any business. Companies with a plan for surviving one are more likely to make it through relatively…

Pulling in revenue that will ultimately boost the bottom line is every business’s goal. However, keeping your company in prime shape…

During the holiday season, your company may want to give gifts to valued customers, as well as some or all staff…

Fraud occurs in companies of every size. But small businesses, especially new ones, have special risks because they generally can’t invest…