Jon Ossoff recently introduced a bipartisan bill that could cut taxes for businesses with fewer than 15 employees by adding a wage-based tax deduction.

You don’t need to be an accountant to run a successful business. But you do need to understand what your numbers are trying to tell you.

A monthly close isn’t just for big companies. It’s one of the most important habits a small business can have.

Inaccurate Profit & Loss statements are among the biggest reasons tax returns are delayed, and errors occur. This article explains how common bookkeeping mistakes, such as missing transactions, poor categorization, and unreconciled accounts, create tax season stress and higher preparation costs. Learn how maintaining clean, tax-ready books each month helps small businesses file faster, reduce errors, and save money on tax preparation, and how J&S Accounting supports business owners with year-round bookkeeping built for tax efficiency.

What’s your New Year’s resolution? Eat healthier? Work out more? Finally organize that closet? What if this year, your resolution actually made you more money? As we wrap up 2025 and look ahead to 2026, it’s the perfect time for business owners to pause, reflect, and set intentions that go beyond motivation and create real financial impact. At J&S Accounting, we believe the strongest resolutions are the ones tied to clarity, consistency, and cash flow. Here are a few smart financial resolutions to consider as you head into the new year.

As business owners, it’s essential to measure how efficiently your company operates before accounting for financing, taxes, and non-cash expenses. That’s where EBITDA comes in.

Small moves now = big tax savings later. As 2025 winds down, most small business owners are focused on closing out projects, wrapping up holiday sales, and catching their breath. But here’s the truth: the best time to save on your 2025 tax bill is before December 31st. At J&S Accounting, we’ve seen firsthand how a few strategic decisions in Q4 can make a huge difference by filing season. Here’s what year-end planning actually looks like for our clients and how it could work for you too.

The holiday season isn’t just about twinkling lights and peppermint mochas—it’s make-or-break time for many small businesses. Whether you rely on holiday sales for the bulk of your revenue or just see a seasonal boost, smart financial planning can mean the difference between record profits and post-holiday regrets.

The holidays are a time to celebrate your team, thank your clients, and spread a little cheer. But before you go dashing through the snow with your business credit card, it’s important to know what the IRS considers deductible and what’s just festive fun on your dime.

We’re now 29 days into the government shutdown, and many business owners, especially those in the small business and nonprofit sectors, are starting to feel the effects. When federal systems pause, the impact extends far beyond Washington, D.C. It touches real organizations, real budgets, and real people trying to keep things running.

Autumn isn’t just about pumpkins, football, and cozy sweaters; it’s also crunch time for business owners. With the end of the year fast approaching, Q4 is your last chance to tighten up your books, maximize tax opportunities, and position your business for a strong start in 2026.

For many small business owners, the business itself is not just a source of income, it’s the centerpiece of a lifetime of work. But as retirement approaches, it’s important to shift focus from building the business to planning how it will support your next chapter. Whether you plan to sell, pass the company down to family, or simply step away, having a strong financial plan ensures a smooth transition and a secure retirement.

As sustainability becomes a priority across industries, small businesses are increasingly embracing green initiatives, not only to reduce their environmental impact but also to benefit financially. From energy-efficient upgrades to waste reduction programs, investing in sustainability can improve your company’s reputation, lower operating costs, and unlock valuable tax credits and grants.

Interest rates have remained elevated throughout 2025, and for small business owners, this shift is creating a ripple effect across everything from borrowing costs to daily cash flow. Whether you're planning a new investment or just trying to stay on budget, the current rate environment requires a new level of financial awareness. When you can only deduct interest and not the principal on a loan, it can significantly impact your cash flow while your financial statements still show a taxable bottom line.

At J&S Accounting, we work with small business owners every day who are deeply dedicated to their work. They invest long hours, take financial risks, and often wear multiple hats to keep their business moving forward. One thing many of these hardworking entrepreneurs forget? Paying themselves.

In the fast-paced world of business, data is more than just numbers; it’s insight, strategy, and opportunity. That’s where Key Performance Indicators (KPIs) come in. KPIs are measurable values that show how effectively your company is achieving its most important business objectives. Whether you're managing a startup or scaling an established company, tracking KPIs can be the difference between guessing and growing.

As Quarter 2 comes to a close, it’s the perfect time for small business owners to hit pause, reflect, and prepare for what’s ahead. A thoughtful Q2 wrap-up helps you celebrate wins, identify areas for improvement, and close the year strong. At J&S Accounting, we specialize in helping small businesses stay financially focused throughout the year.

Bankruptcy is a word no business owner wants to hear, but it’s a reality that many businesses face, especially during periods of economic uncertainty or rapid growth. While a number of factors can contribute to business failure, the number one cause of business bankruptcy is poor cash flow management.