Take Your Small Business Further

With Tax-Saving News And Tips

“Small business” and “taxes” are two terms often associated with stress. Padgett wants you to know that it doesn’t have to be that way. Read our blog to become more comfortable and confident with small business finance, tax and more.

How will the Tax Cuts and Job Act affect small business owners?

Posted on Feb 14, 2018 10:00:00 AM

As a small business owner, taxes are always a concern. With the recent passage of the Tax Cuts and Jobs Act, many small business owners are wondering how their tax benefits and liabilities will change during 2018 and the years that follow. Below are some of the ways in which this bill could impact your small business.

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The Burden of Payroll Processing

Posted on Jan 31, 2018 10:30:00 AM

Payroll processing can be difficult. There are a lot of nuts and bolts to this process that can overwhelm small to midsized businesses. People who see it as just a matter of 'getting folks paid' probably don't have a lot of experience with this type of financial administration.

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How to Boost Your Small Business Cash Flow This Holiday Season

Posted on Dec 6, 2017 10:58:51 AM

How do you get ahead over the holidays? Many companies in different industries make this a central part of their annual strategy, and some of the following ideas can help you to bring in more money as the holiday season approaches.

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Don't Make this Huge Retirement Mistake as a Small Business Owner!

Posted on Nov 20, 2017 10:15:00 AM

For people who are self-employed or who own their own businesses, there are some helpful tips that can help reward these hard-working individuals as they near retirement. Think about how you can benefit from the value of your business as you reach retirement age, and how to safeguard your financial assets and get the most out of what you have done over the course of your career.

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With Black Friday around the corner, learn what you should look for when hiring help for your small business

Posted on Nov 9, 2017 1:30:00 PM

Black Friday is approaching quickly, and many businesses are looking for seasonal workers to help them handle the influx of customers. As you look for help for your small business, follow tips below to get the best employees.

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Was your small business hit by the hurricanes? Here’s how to get tax help

Posted on Oct 24, 2017 1:15:00 PM

The recent hurricanes Harvey and Irma caused devastation in areas throughout the U.S. Virgin Islands, Puerto Rico, Florida and Texas. Businesses in these areas are still struggling to rebuild their buildings and replaced damaged property. Many have lost important data needed to file tax returns. In addition, because of the significant financial impact of these disasters, some businesses simply don't have the capital they need to make estimated tax payments, pay payroll taxes or meet other obligations. Fortunately, the Internal Revenue Service is taking steps to ease some of the tax burden on affected businesses and their employees.

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Hurricane Victims: Is it a good idea to take a hardship loans from your 401(k) to get cash?

Posted on Oct 3, 2017 2:08:43 PM

To help the victims of the most recent hurricanes, the IRS has decided to relax some of its rules, which would allow these victims to take out hardship loans against their 401(k) retirement accounts. Although having this money may help you to replace some of your possessions, it may not be the best course of action for everyone.

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Are late payments impacting your small business? Here’s what you can do

Posted on Sep 12, 2017 10:30:00 AM

When your customers don't make their payments on time, it can impact your business in many ways. You may not have the capital you need to purchase additional inventory, pay your own bills or expand when you need to. Fortunately, there are steps you can take to reduce the impact of late payments on your cash flow.

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What you can do this summer to make tax season easier for your small business

Posted on Aug 8, 2017 11:00:00 AM

During the summer, taxes are probably far from the top of your mind. However, even though the next tax season is still many months away, you should still be taking steps to reduce what you owe. Here are some tips you can use to make the next tax season easier for your small business.

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Why You Should Consider Hiring a New Grad For Your Small Business

Posted on Jul 27, 2017 11:45:00 AM

As a small business owner, you know how important it is to hire the right people to represent your company. Having the right people on staff improves your reputation and ensures maximum profitability. However, while you may think that this means you need to hire the employees with the most experience in the field, that isn't always the case. New college graduates also have qualities that will make them a valuable addition to your team.

Some of the benefits you can expect when you hire a recent college graduate include:

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