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Kevin McKernan Kevin McKernan

National Small Business Week: Tools for Business Owners and Entrepreneurs

National Small Business Week 2026 highlights valuable IRS tools for entrepreneurs and business owners, including Business Tax Accounts, IRIS e-filing, digital tax forms, and IRS Secure Messaging. Learn how these platforms can streamline tax compliance, improve record access, simplify filings, and help businesses manage IRS communications more efficiently and securely.

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Kevin McKernan Kevin McKernan

National Small Business Week 2026: Avoid the Scam

National Small Business Week 2026 highlights growing tax scams targeting small businesses and entrepreneurs, including spear-phishing attacks and bogus “Self-Employment Tax Credit” schemes. Learn how to protect your business with cybersecurity best practices, safeguard your EIN, recognize fraud red flags, and report suspected tax scams to the IRS before financial damage occurs.

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Kevin McKernan Kevin McKernan

5 Self-Employment Tax Mistakes You Want to Avoid

Learn the top self-employment tax mistakes that can cost business owners money, penalties, and retirement benefits. This guide explains SE tax basics, the 15.3% rate, common missteps with gig income, LLCs, retirement plans, optional methods, and estimated taxes - plus practical tips to stay compliant and avoid costly surprises before filing or paying quarterly taxes as required.

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Kevin McKernan Kevin McKernan

Top 10 Contracts for Every Small Business

Every small business needs strong contracts to stay protected. In “Top 10 Contracts for Every Small Business,” discover essential agreements like Service Contracts, Independent Contractor Agreements, NDAs, and Employment Agreements that safeguard your operations, relationships, and ideas. Prevent disputes, protect your assets, and build trust with clear, customized contracts that work for you.

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Kevin McKernan Kevin McKernan

The Business Owner's Path to Succession

For business owners, stepping away from their life’s work can trigger deep emotional and psychological challenges: fear of irrelevance, loss of purpose, and uncertainty about the future. But with the right support and mindset, this transition can be a powerful new beginning.

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Kevin McKernan Kevin McKernan

Understanding Business Owners Policies (BOPs)

From property and liability coverage to business interruption protection, a BOP can safeguard your business from unexpected losses. Explore what’s covered and what extras you might need.

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Kevin McKernan Kevin McKernan

How to Sell a Business Subject to an SBA EIDL Loan

Selling a business with an SBA EIDL loan comes with challenges, especially if the sale proceeds won’t fully cover the loan balance. Navigating SBA requirements can take months, so preparation is key.

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Kevin McKernan Kevin McKernan

ATTENTION: ALL SMALL BUSINESSES

Beginning January 1, 2024, businesses that file 10 or more information returns must e-file Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return. For those with fewer information returns, e-filing Form 8300 is still optional. To file electronically Form 8300, a business must set up an account with the Financial Crimes Enforcement Network's BSA E-Filing System. The IRS will ensure the privacy and security of all taxpayer data.

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