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2021 tax deduction checklist: 10 expenses small business owners can write off

Ruby

Although it may sound like a ton of paperwork (which, to be clear, it is), this time of year also presents tons of savings opportunities for small businesses like yours. With January in the bag, most small business owners have sent out tax forms to their employees and independent contractors. Or upgrade your equipment.

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How to Choose an Employer-Sponsored Retirement Plan

Insperity

There are several types of retirement plans that your small business could potentially offer; each functions differently and carries different benefits. 401(k) is the most well-known retirement plan available to any business. Administration and maintenance of the retirement plan will vary by provider.

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SUCCESS’ 2024 Women of Influence

Success

Kim Carson CEO, Founder, Parallax Futures With more than 15 years of leadership experience in research, operations, strategy, finance and business development, Carson’s track record stands out for clients. Burgess is also a songwriter with work available on Spotify and iTunes. She is also a Ph.D. Karwanna D.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Rippling Rippling offers a comprehensive suite of features to manage HR, IT, and finance- all under one roof, simplifying and centralizing operations for businesses of all sizes. Rippling is capable of handling both small and large group benefits plans. Paycor is a must have software.

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Calculate burden rate boost profitability

BMT Office Administration

Research by McKinsey shows that indirect costs can account for up to 12% of a manufacturer’s total operating expenses, so it’s crucial to know how much your organization spends on rent, insurance, and maintenance. Indirect costs are expenses incurred from general operations (overhead expenses, maintenance, fringe benefits , etc.).