Blog
Daniel Hayes’s Perspective: What Are The Most Important Cybersecurity Measures for Small Businesses?
Key Takeaways Create a written data protection policy. Every employee should know the rules for handling sensitive data. Back up data...
Can End-Of-The-Year Giving Mean Tax Deductions For My Wilmington Business?
Key Takeaways Your business can give back and receive tax benefits if the donation is correctly structured and documented. Charitable...
The Work Opportunity Tax Credit: Year-End Hiring Benefit for Wilmington Businesses
Key TakeawaysYes, the WOTC applies if you hire someone before December 31, 2025. You must submit IRS Form 8850 to your State Workforce...
Why Cash Flow Management Is Important At Year-End in Your Wilmington Business
Key Takeaways Profit doesn’t equal liquidity: You can look great on paper (i.e., profitable) and still run out of cash. Year-end cash flow...
What Year-End Moves Can Protect Wilmington Owners From Form W9 Mistakes?
Key TakeawaysKeep every contractor’s Form W9 on file before the first payment. If your contractor won’t give you a W9, be persistent. The IRS...
Changing Your Business Entity Means A Lower Tax Bill, Wilmington Owners
Quick Summary: Could Changing My Business Entity Mean a Lower Tax Bill?If you’re a Sole Proprietor or single-member LLC, you’re likely paying a...
Smart Accounting For Wilmington Small Businesses in 2025
Quick Summary: What Smart Accounting For Small Businesses Looks Like In 2025Call your tax advisor before making financial moves to avoid missed...
Answers for Wilmington Business Owners: Can I Put Personal Money in My Business Account?
“With organization comes empowerment.” —Lynda Peterson Quick Answers: Can I Put Personal Money In My Business Account?If you put personal money...
New 1099 NEC Threshold: How Do I Pay Wilmington Contractors?
“Simple can be harder than complex.” — Steve JobsQuick Summary: What’s Changing With The 2026 1099 NEC Threshold?Businesses will only need to issue...