As a business owner, navigating the tax code can be complex—but strategic moves can lead to substantial savings. This article outlines 5 tips for business owners to save on taxes: maximize deductions (home office, vehicle, depreciation, meals), utilize retirement plans like SEP IRA or Solo 401(k), take advantage of tax credits (R&D, energy, hiring incentives), choose the right entity structure, and maintain compliance with accurate records and timely filing.

Under the Corporate Transparency Act, many U.S. entities—especially LLCs and privately held companies—are required to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN). This article covers who must file, what data is needed (ownership, control, identifying documents), deadlines, exemptions, and best practices to comply without facing penalties.

Buying a business can be highly rewarding—but only if you get the groundwork right. This article walks you through evaluating industry trends and market conditions before acquiring a company. Look at tech disruption, changing consumer preferences, regulation, and market saturation. Examine economic indicators, interest rates, and global events. Then pull it all together with a SWOT analysis and thorough due diligence to increase odds of long-term success.