Taxes eat up a giant share of small business profits, but with the right planning, there are steps that can minimize expenses and produce more savings.

The job market will continue its recovery well into 2022. Today's professionals have more career options and negotiating power than ever.

The IRS has announced higher federal income tax brackets for 2022 amid rising inflation. And the standard deduction is increasing to $25,900 for married couples filing together and $12,950 for single taxpayers. There are also changes to the alternative minimum tax, estate tax exemption, earned income tax credit and flexible spending account limits, among others.

Despite economic uncertainty and a volatile market, the coronavirus pandemic has led to a surge in startups. 

Get ready for taxes: Here’s what's new and what to consider when filing in 2022.