When starting a small business, one of the most important decisions you will make up-front is how you’re going to structure and register it with the state and the federal government. How your business is structured will affect how you are categorized for income tax...

Today we are excited to introduce you to Steven (Steve) Clausen, owner and operator of Clausen Automotive and P&B Truck Accessories. The Road to Entrepreneurship Fueled by a desire to be self-employed and to use the skills he learned working at Chevrolet, Steve...

As part of the Appropriations Act of 2020 that was signed into effect at the end of 2019, several tax laws were extended (sometimes called the “extenders”) that had previously expired on December 31, 2017. Three of the more common tax items that were extended include...

It’s no secret that the coronavirus has substantially impacted our economy. If you’re a business owner, chances are you applied for one of the business relief programs that were made available as part of the CARES Act (Coronavirus Aid, Relief, and Economic Security...

A look into the past, present, and future of a successful and dedicated entrepreneur  A Look into the Past  One decision can change everything, and for Dick Powell, it did.  Dick grew up in an entrepreneurial household with a father who worked full-time as a farmer...

When tax time rolls around, you may be wondering, “what happens if I can’t afford my tax bill?” Perhaps you file on time but know you won’t be able to pay your bill in full. Or, maybe you weren’t expecting a tax bill at all and don’t have enough money saved to pay. If...