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Steve Streit: 5 Things Most Founders Forget (But Shouldn’t)
Startup founders forget more than most workers learn in a typical year. Eventually, they learn that some things are more important to remember than others. Serial entrepreneur and investor Steve Streit, who ran a billion-dollar…
3 Common Challenges in Discrete Manufacturing
Discrete manufacturing is a sector focused on producing distinct items such as electronics, cars, appliances, and industrial machinery. Unlike process manufacturing, which produces goods in bulk (like chemicals or food), discrete manufacturing involves assembling individual…
Cyber Attack Prevention: A Quick Guide for Startups
In today’s digital age, cybersecurity and malware attacks are no longer just a concern for large corporations. Startups are increasingly becoming targets for hackers, and the consequences can be devastating. A single breach can cripple your…
Types of Data Centers and Choosing the Right One for Your Needs
Data centers are crucial in today’s tech-driven world. Whether you’re managing a small business or a large enterprise, the right data center can make all the difference in your operations. In this article, we’ll break down…
4 Smart Marketing Strategies to Boost Your Aviation Business
Considering how competitive and vast the aviation industry is, marketing is key to helping differentiate your brand, remain relevant, and improve brand loyalty. Effective marketing allows you to communicate your aviation business’s service quality, timely…
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Did You Know…?
The latest IRS Information for Small Businesses
How to report fraud, scams and schemes
The IRS Office of Fraud Enforcement and IRS Criminal Investigation aim to raise awareness of tax-related fraud, scams and schemes. The IRS encourages businesses, individuals and tax professionals to recognize red flags and put defenses in place to stop scammers and those who promote unscrupulous tax schemes. Refer to the Dirty Dozen list, which the IRS compiles to raise awareness about common tax-related scams.How to report suspected fraud:
- Form 13909, Tax Exempt Organization Complaint
- Form 14242, Report Suspected Abusive Tax Promotions or Preparers
Other tax news
- Give more, tax-free: Eligible IRA owners can donate up to $105,000 to charity in 2024
- Healthcare FSA reminder: Employees can contribute up to $3,300 in 2025; must elect every year
- IRS takes steps to help prevent refund delays: IP PIN for 2025 filing season; taxpayers encouraged to sign up
- Save for retirement now, get a tax credit later: Saver’s Credit can help low- and moderate-income taxpayers save more in 2025
