The “affordable” part of the Affordable Care Act (ACA) comes in the form of tax subsidies based on an individual’s or household’s income. And those subsidies can be significant, even for individuals whose income are up to the 400% above the national poverty line. The Kaiser Family Foundation has created this calculator to illustrate health insurance premiums and subsidies for people purchasing insurance on their own in new health insurance exchanges (or “Marketplaces”).
Taxes
IRS Tip: How Small Business Owners Can Deduct Their Home Office From Their Taxes | 2022
The home office deduction allows qualified taxpayers to deduct certain home expenses when they file taxes.
Small Business Inspiration
SBA Announces Call for Nominations for National Small Business Week Awards | 2022
For more than 50 years, the U.S. Small Business Administration has celebrated National Small Business Week (NSBW), which recognizes the critical contributions of America’s entrepreneurs and small business owners.
Holiday
Holiday Shopping Can Beat Forecast (Despite Inflation and Covid-19) | 2021
With holiday shopping sales starting earlier, Thanksgiving weekend (including Small Business Saturday) now helps start the holiday season rather than the Friday kickoff it once was.
Taxes
Your Small Business Advertising and Marketing Costs May Be Tax Deductible | 2021
An ordinary expense is one that is common and accepted in the industry.
Holiday
Retail Federation Predicts Highest Holiday Sales on Record | 2021
Holiday spending has the potential to shatter previous records.
News
American Express Launches Digital Small Business Checking Account, Debit Card | 10.28.2021
The checking account connects with existing American Express Credit Cards and comes with a Business Debit Card, the first to be issued in the U.S. by American Express.