Wise Business Solutions

09/02/2026

💼 Are you reimbursing your employees for business expenses—or accidentally creating a tax headache?

The rules around unreimbursed employee expenses have changed, and what worked for employees in the past may not work the same way today.

For small business owners, having a clear employee reimbursement process can help:
✔️ Keep business expenses properly documented
✔️ Avoid turning reimbursements into taxable wages
✔️ Make sure your business is handling deductions correctly
✔️ Create a better system for your employees

Not sure whether your current reimbursement process is working the way it should?

We break down what small business owners need to know about employee expense reimbursements and accountable plans in our latest blog.

👉 Read the full article:
https://www.wisebusinesssolutionsde.com/expensereimbursements/

📍 Serving Delaware small business owners
Wise Business Solutions — getting you where you want to be.

Employee expense reimbursements can benefit Delaware small businesses. Learn how Wise Business Solutions helps small business owners navigate reimbursement

08/28/2026

Charitable deductions are frequently challenged or denied during an IRS review. Protect your deduction by understanding the documentation and requirements before making a donation.

Too often a charitable tax deduction is disallowed upon review by the IRS. Don't let this happen to you. Here is what you need to know.

08/26/2026

Your business deserves more than a once-a-year tax conversation.

Wise Business Solutions works alongside small business owners with ongoing accounting, tax planning, and business guidance designed to help you understand your numbers and make better decisions.

And because we’re local, you’re not just another account number.

You have a business. We have your back.

📍 Delaware-based
🤝 Small-business focused
📈 Here to help you get where you want to be

08/26/2026

🎒 **Back-to-school isn’t just about school supplies—it’s a good time to get your family’s finances organized, too.**

Before the school year gets into full swing, take a few minutes to check these items off your list:

📸 Photograph expensive purchases and save receipts
🏷️ Label electronics and other high-value items
💰 Set aside money for ongoing school expenses
🧾 Review potential charitable tax deductions for school donations
💻 Understand your school’s device protection policy
📋 Update emergency contacts and medical information
🚨 Talk to teens about financial scams and fake job offers
📱 Cancel unused subscriptions and memberships
🎓 Review your 529 investment allocation if college is getting closer

A little financial housekeeping now can help prevent unexpected expenses—and make the rest of the school year a little less stressful.

**Which one of these is on YOUR back-to-school checklist?** 🎒💵

08/21/2026

When an interest rate matters. This is what you need to know.

The IRS often sees the transfer of funds as a loan, whether there is a loan agreement or not. This also means there is an implied term and interest payment. When the IRS says a transaction is a loan, what interest rate do they use? Enter AFRs. Here is what you need to know.

08/19/2026

**🚗 Business Owners: Your 2026 Mileage Rate Just Changed**

If you use your vehicle for business, there’s an important mid-year IRS update to know about.

Starting **July 1, 2026, the standard business mileage rate increased**, which means you’ll need to use **two different mileage rates when calculating your 2026 deduction.**

A few reminders to help you make the most of your vehicle deduction:

📍 **Track your mileage** — Keep a log with the date, destination, business purpose, and miles driven.

📍 **Know what counts** — Client meetings, job sites, networking events, bank deposits, supply runs, and travel between business locations may qualify. Your regular commute generally does not.

📍 **Don’t forget tolls & parking** — Business-related parking and tolls can generally be deducted separately from the standard mileage rate.

📍 **Separate business and personal miles** — Keeping accurate records makes tax time much easier.

📍 **Compare your options** — The standard mileage method isn’t always the best choice. Depending on your vehicle and expenses, the actual expense method could give you a larger deduction.

And remember: mileage rules have some important exceptions and limitations, so keeping good records throughout the year is key.

**Not sure which vehicle deduction method makes the most sense for your business? That’s where we can help.**

At **Wise Business Solutions**, we help small business owners make smart tax decisions—not just at tax time, but throughout the year.

08/14/2026

The amount of your tax bill is often dependent on your age and the age of your children. You need to plan accordingly. Here are the details.

As your children age, you can easily be surprised by a larger tax bill. To help ease the possible burden, here are some possible tax hits to prepare for as your children grow older.

08/11/2026

**Changing jobs? Don’t forget about your 401(k)! 💰**

When you leave an employer, you have several options for what to do with your retirement savings. You can leave it where it is, roll it into your new employer’s plan, move it to an IRA—or take the money out.

But before you make a decision, it’s important to understand the **tax consequences, potential penalties, and long-term impact** of each choice.

We’re breaking down the four options and what you should consider before making a move. 👇

🔗 **Read the full article:**
https://www.wisebusinesssolutionsde.com/401koptionsforchangingjobs/

Changing jobs? Learn your 401(k) options, including leaving it behind, rolling it over, or taking a distribution, and understand the potential tax consequences.

08/08/2026

Don’t we all feel like there are never enough hours in the day?


https://www.forbes.com/sites/travisbradberry/2016/03/15/6-easy-tricks-that-will-make-you-way-more-productive/?fbclid=IwZnRzaATj9i1wZG9mBWZkaWQWUMERbGnQl0EHjEH4NFnlAH0RG3oEymV4dG4DYWVtAjExAHNydGMGYXBwX2lkCjY2Mjg1NjgzNzkAAR7dEgrlfZPncsmfgNHXntsX7zgC395NrLEcA02-qRT5gIGgln6IIhotGPq_Mw_aem_ixbqq1fbqlgTOYs0TeJBTA

When it comes to productivity, the little things make all the difference. These six hacks will increase your productivity today.

08/07/2026

Time to plan for new contribution levels for your health savings account. Find the 2026 limits here.

Contribution limits for the ever-popular health savings account (HSA) are outlined for 2026. Now is a great time to review your situation and make adjustments as appropriate.