Small business resources for you

Block Advisors News

Block Advisors study finds those who started a business during the pandemic are more resilient than ever

New survey data shows two-thirds of small business owners are proud of their resiliency KANSAS CITY, Mo. (May 2, 2022) –…

Block Advisors News

Celebrating National Small Biz Week with Inspiring Stories

The first week of May is National Small Business Week! To honor the resilience, hard work, and creativity of H&R…

Motivation

Seeing the bright side: Emily Socha’s story on creating a safe and reliable virtual space for her clients

The Block Advisors’ Small Business Resilience Series celebrates small business owners who have persevered through challenging times to find success.…

Block Advisors News

Study shows minority-owned small businesses still heavily impacted by pandemic

Community support has paved the way to success for many minority-owned small business owners Minority-owned small businesses expect more challenges…

Tax Prep & Planning

Does My Vehicle Qualify as a Section 179 Tax Deduction? 

Many small business owners are pleased to learn that a vehicle they purchased for use in their company may qualify…

Motivation

The art of Salsa dancing: Michael’s unpredictable pursuit of a passion turned thriving business

The Block Advisors’ Small Business Resilience Series celebrates small business owners who have persevered through challenging times to find success.…

Small Business Tax Prep

How an LLC is taxed and what your options are

Considering setting up your business as a limited liability company (LLC)? Perhaps your business is growing and becoming more complex.…

Small Business Tax Prep

Form 8832: Electing how your small business is taxed

Choosing the right tax status for your small business is important. It can provide tax savings, or it can cost…

Small Business Tax Prep

Writing off car expenses for business: Understand your options

Driving and maintaining a vehicle as part of your business can mean added car expenses. Luckily, you can offset those…

Block Advisors News

Study reveals small businesses' biggest concerns for 2022

H&R Block’s Block Advisors “Small Business Resilience Series” study reveals both challenges and optimism as small businesses come back from…

Motivation

How Angela McCrae paved new ground championing BIPOC wine, wellness, and culture

The Block Advisors’ Small Business Resilience Series celebrates our small business owners who have persevered through challenging times to find…

Small Business Services

Avoid these bookkeeping mistakes as a small business owner

Your financial records represent the very core of your business, and if they’re not maintained thoroughly and daily, your small…

Small Business Services

How bookkeeping help can make business filing and tax preparation easier

As your business grows, it inherently gets more complex – and so do your bookkeeping and tax responsibilities. This begs…

Small Business Services

Tips for getting a small business loan

While you ponder many questions as a small business owner, one might be “Can I get a small business loan?”…

Small Business Services

A guide to raising capital as a small business founder

There was a time when anything that ended in “dot-com” would pique the interest of venture capitalists and private investors—even…

Small Business Tax Prep

Small business tax changes for 2022: What to expect

Whether you’re self-employed or a small business owner, your day-to-day tasks likely don’t include keeping up with small business tax…

Small Business Tax Prep

How long to keep business tax records

As a small business owner, your workspace may be filled with many forms, documents, and files… So much so, you’d…

Small Business Services

Small business tax identity theft: What to do if it happens to you

When you think of identity theft, you may think of the problem as affecting only individuals, but this isn’t the…

Small Business Tax Prep

When are business taxes due?

While Tax Day is the only date some people may have on their calendar, there are actually many important business…

Block Advisors News

Block Advisors tax pros help Black-owned businesses improve financial readiness

Block Advisors small business certified tax pros and the Urban League of Greater Kansas City (ULKC) are helping Black-owned businesses…

Small Business Tax Prep

5 reasons to file small business back taxes

Small business owners have more complicated tax obligations than people who earn wages as employees. You have to account for…

Small Business Services

Year-end bookkeeping tasks: Tips for closing your business’ books

Year-end can be a hectic time for many small business owners, between personal to-dos and seasonal demands at work. But…

Small Business Tax Prep

Self-employed health insurance deduction can help reduce taxes

Self-employed individuals take on a lot on their own – healthcare costs are no exception. Thankfully the self-employed health insurance…

Block Advisors News

How Block Advisors supports small business owners and the spirit of entrepreneurship

Block Advisors News

Female Founders Series Part 4: Diverse experience ignites entrepreneur’s journey

To foster the spirit of entrepreneurship and build connections among female entrepreneurs, Block Advisors recently partnered with Selfmade, a 10-week (virtual)…

Block Advisors News

Beyond Tax Prep: Helping Small Businesses Survive and Succeed

H&R Block has a long history of supporting the unique needs of small business owners, but that help doesn’t stop…

Small Business Services

Why is my business getting a letter from the IRS?

After you file your business tax return you may feel a sense of accomplishment… and breathe a sigh of relief.…

Small Business Tax Prep

Sole proprietorship tax essentials

Running a business on your own is exciting – you get to follow your dreams and be your own boss.…

Small Business Tax Prep

Is business loan interest deductible? Get briefed on claiming this potential tax deduction

Questions around loans and interest deductions are common for small business owners. In fact, we’re often asked, “Are small business…

Small Business Tax Prep

Self-employed retirement plans: Weighing the tax advantages

Many business owners know self-employed retirement plans are tax-saving vehicles that can reduce your small business’ hard-earned taxable income. But…

Small Business Tax Prep

Claiming a business loss deduction

If you incur a business loss, you might be wondering if you can write-off the loss on your small business…

Block Advisors News

Female Founders Series Part 3: The Art and Joy of Balancing Education, Motherhood, and Entrepreneurship

To foster the spirit of entrepreneurship and build connections among female entrepreneurs, Block Advisors recently partnered with Selfmade, a 10-week (virtual)…

Small Business Owners

Profiles in Black entrepreneurship: Small business owners share growth mindset and a drive to succeed

While small businesses often face universal challenges in starting and growing their businesses, history and research have shown Black-owned businesses…

Small Business Tax Prep

How to file small business taxes

When running a business, your duties are limitless – managing a workforce, growing your business, promoting your products or services,…

Small Business Services

Payroll software can simplify managing your small business

You’ve built a business that allows you to do what you love, so why spend your time crunching numbers and…

Small Business Owners

Unexpected Friendship: A Small Business Owner and his Tax Advisor

Block Advisors small business certified tax pro Mary Zaby and client Terrance Williams

Block Advisors News

Female Founders Series Part 2: Leaping Into the Challenges and Rewards of Entrepreneurship

To foster the spirit of entrepreneurship and build connections among female entrepreneurs, Block Advisors recently partnered with Selfmade, a 10-week…

Small Business Tax Prep

Why use a tax professional at Block Advisors

It’s no secret that you have options when it comes to your small business taxes. So, why use a tax…

Small Business Services

Payroll deductions: A guide for small businesses

Small business owners who add employees will also gain additional financial tasks – including taking care of payroll deductions. What…

Small Business Services

Payroll taxes: A small business employer’s guide

Consider this scenario – your business is up and running, and you’re thinking about the next step — growth and…

Small Business Tax Prep

What is a 1099-K? And why would small business owners receive one?

The world of business is highly digital in most aspects – including finances. Gone are the days when small business…

Small Business Tax Prep

Form 940: A quick guide to reporting federal unemployment tax

One of the many payroll taxes employers are accountable for is federal unemployment tax. If your small business has employees…

Small Business Tax Prep

FUTA: What employers need to know about unemployment tax

FUTA stands for Federal Unemployment Tax Act, but what does it mean for small business owners? If you’re adding employees…

Small Business Services

Cash vs. accrual accounting: Considerations for tracking your finances

As a business owner, you have many choices about how to operate your business. A key choice you or your…

Small Business Services

How to choose a payroll provider for your small business

As you start, manage, or grow your company – you might have one consistent need – payroll. When you get…

Block Advisors News

Female Founders Series Part 1: Building Social Capital and Community

To foster the spirit of entrepreneurship and build connections among female entrepreneurs, Block Advisors recently partnered with Selfmade, a 10-week…

Finance

Balance sheets and understanding your small business’ equity

With many small businesses not making it past the five- or 10-year mark, what can you do to thrive past…

Small Business Tax Prep

Qualified business income deduction: Keys to claiming this big tax break

For certain small business owners, the qualified business income deduction (QBID) was one of the major elements of 2017’s Tax…