The limited liability corporation (LLC) form of business ownership has been gaining in popularity throughout the country. Do not think that this trend is limited to large corporations. For instance, a sole proprietor may choose to operate his or her business as a single-member limited liability company (SMLLC). [continue]

The recent economic downturn has hurt many small- business owners. You may want to revitalize sales by upgrading your product line or rolling out a completely new product. [continue]

The tax law provides various incentives for retirement saving. For example, an employee may contribute up to $16,500 to a 401(k) plan for 2009 (up from $15,500 for 2008). If the employee is 50 years of age or older, he or she can kick in an extra $5,500 (up from $5,000 for 2008). [continue]

If you are a day-trader in securities, you are generally required to deduct your investment-related expenses as miscellaneous expenses (subject to the usual 2%-of-adjusted gross income floor). [continue]

It is hard to dispute the benefits of the information technology (IT) revolution in business. But technological advances have come at a price: Energy costs resulting from IT can have a significant impact on a company's bottom line, as well as the environment. Even small-business owners have started to take notice of the trend. [continue]

Information on Higher Per Diems and Social Security Tax [continue]