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Small Business News & Notes

HOT Issue Poll

4 ways to cut down kiddie tax

The Tax Cuts and Jobs Act (TCJA) put some sharper teeth into the "kiddie tax" rules. But with some astute planning, parents can avoid dire tax consequences.

Tax Tip of the Week

How to streamline your monthend closings

At the end of each month accounting departments collect, analyze and record financial data in a process known as "closing the books." When financial staff members perform these tasks in a structured environment, managers can obtain timely and accurate reports.

Business Tip of the Month

Prepare your finances before a loss

According to Benjamin Franklin, the only certainties in this life are "death and taxes." Prudent couples plan for the future, including the reality of death, even when both partners expect to live for decades.

Financial Tip of the Month
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