**Last reviewed:** August 18, 2026 Short answer: A Trump Account is a child-owned traditional IRA with special rules during the account’s growth period. Eligible children generally need a valid Social Security number and must be under 18 at the end of the election year. A qualifying U.S.-citizen child born after December 31, 2024, and before January...
Last updated: August 18, 2026 The short answer Washington small-business discussions over the past 30 days have centered on five practical issues: B&O tax changes, labor costs, Paid Family and Medical Leave compliance, payroll and local-rule complexity, and the pressure to protect cash flow while customers remain price-sensitive. This is a directional conversation report, not...
Updated August 17, 2026 The SBA’s new SOP 50 10 Version 8.1 takes effect on October 1, 2026. The update introduces important requirements for 7(a) business acquisitions, including mandatory Quality of Earnings reports for certain transactions, stricter equity-injection rules, historical debt-service coverage requirements, and new limits on investor distributions. SBA source What is SBA SOP...
WA added 11,100 jobs in Q2 but is down 1,200 over the year. Participation fell to 62.3%, lowest since 1976. What it means for hiring and payroll planning.
July retail sales dropped to $763.6B, led by autos and online. Sales are still up 5% annually. Here's how to read the split before you forecast Q4.
July PPI came in unchanged month over month and 4.7% year over year. Here's what the split between falling energy and sticky services means for your margins.
12 QuickBooks FAQs for August 2026
NFIB's July 2026 survey: optimism 99.8, hiring plans at net 20% — the highest since 2022. But labor quality complaints jumped 8 points. What to do first.
July 2026 CPI: headline 3.4%, core 2.5%. Why the cooling average hides an energy bill that's still up double digits, and what to reprice.
FinCEN's final rule permanently ends beneficial ownership reporting for U.S. companies. What it means, who still files, and what to do with your old BOI records.
Paychex's July index shows small firms squeezing more hours out of existing staff instead of hiring. That's a margin story, not a growth story.
Washington's Paid Leave program now applies 1% monthly interest and escalating late-report penalties. The first wave hits employers who missed July 31.
Treasury and the IRS just laid out how the Saver's Match will work. Plan sponsors have a decision to make, and it isn't automatic.
IRS Notice 2026-28 makes the Section 45S paid leave credit permanent, adds a premium-based method, and lowers the service threshold to six months.
The July 2026 ISM Services PMI hit 54.1% with business activity at 59.1%, but prices re-accelerated to 70.3% and employment fell back into contraction.