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He Built A Million-Dollar Business, Then Stopped Filing Taxes — Dave Ramsey Says '2,561 People Went To Jail Last Year' For That'
Early success can mask slow-moving financial disasters until they are impossible to ignore. Carlos called "The Ramsey Show,” saying his janitorial business grew into a million-dollar operation before years of unfiled tax returns, unpaid payroll taxes, and mounting debt left him considering bankruptcy. "I haven't filed taxes since 2017 or 2018," he told personal finance expert Dave Ramsey, saying he also has not paid payroll taxes since that time. Don't Miss: Fast Company Calls It a ‘Groundbreaki
Business Lookahead: Near, far, wherever markets are
STORY: From Japan's snap election to key U.S. data, these are the stories to watch in business and finance in the coming week. :: Japan votesJapan's Prime Minister Sanae Takaichi is hoping for a stronger mandate as voters head to the polls on Sunday.The closely-watched lower house election is shaping up to be one of the most unpredictable in years.A strong showing by Takaichi's Liberal Democratic Party would allow her to expand stimulus.That could heighten concerns about Japan's finances and push up government bond yields further in a selloff that could ripple out overseas.:: AI winners and losersCisco Systems and Germany's Siemens Energy report earnings on Wednesday.They've benefited from the AI boom in different ways, but now Barclays says that trade is "seeing extreme dispersion."That’s been evident in sliding software and data analytics stocks, which have plunged as traders focus on the existential threat posed by increasingly powerful AI models.AI enablers, companies contributing to the global AI data center build-out, meanwhile, have fared better. :: Delayed data dumpA double dose of major U.S. economic reports should give investors a critical view of the economy, following a delay by the recently ended three-day government shutdown.The January non-farm payrolls report, now due on Wednesday, is expected to show an increase of 70,000 jobs, according to a Reuters poll. Then, on Friday, the Bureau of Labor Statistics is set to release the January consumer price index, one of the most closely watched measures of inflation.
Minn. companies pool funds to help small businesses amidst immigration enforcement surge
A couple dozen Minnesota companies have contributed about $4 million to a grant fund to support small businesses in the state as they navigate the challenges of meeting payroll and paying rent amidst the immigration enforcement surge.
Minnesota companies fund $3.5M in grants to help small businesses during ICE surge
The nonprofit Minneapolis Foundation will distribute money to help local businesses make payroll, pay rent and cover other costs. Companies like Target, General Mills and Ecolab contributed.
What every new business needs to know about compliance
Hiring your first employee can feel like stepping into a whole new world, especially when taxes, worker classification and payroll feel unfamiliar. In this episode of Small Business Smarts, we explore what new business owners need to know to stay compliant from day one. For more information, visit ADP.com/SPARK
Yankees news: Where payroll stands after Cody Bellinger signing
Yankees’ payroll after signing Cody Bellinger; Marco Luciano claimed; Carlos Lagrange tops BA’s Stuff+ list.
What every new business needs to know about HR and payroll
HR and payroll are the backbone of every successful small business and getting them right from day one can save you time and help protect your business. In this episode of Small Business Smarts, we will break down the essentials new business owners need to understand before hiring their first employee, from onboarding and employee classification to recordkeeping, payroll accuracy and compliance. For more information, visit ADP.com/SPARK
Best Emergency Business Loans of January 2026
Emergency business loans offer fast funding and can be used for expenses such as rent, payroll and inventory in unexpected situations.
Why getting small business payroll right is so important
Payroll is one of the most important responsibilities for small business owners. In this episode of Small Business Smarts, discover why getting payroll right from day one matters to manage compliance, build employee trust and protect business health for the long term. For more information, visit ADP.com/SPARK
US private payrolls rebound less than expected in November
U.S. private payrolls rebounded less than expected in December, the ADP's national employment report showed on Wednesday.
Tips for handling small business taxes
Payroll is one of the most important responsibilities for small business owners. In this episode of Small Business Smarts, discover why getting payroll right from day one matters to manage compliance, build employee trust and protect business health for the long term. For more information, visit ADP.com/SPARK
Sports Business in 2026: Women Get Paid and Dodgers Hate
The Bloomberg sports crew has predictions on everything from private equity in college sports to why there will be more criticism of baseball’s payroll divide.
Sports Business in 2026: Women Get Paid and Dodgers Hate
The Bloomberg sports crew has predictions on everything from private equity in college sports to why there will be more criticism of baseball’s payroll divide.
5 ways to get your business finances ready for the new year
Comerica reports 5 ways to prepare your business finances for the new year: review finances, update payroll, assess credit, strengthen security, and set goals.
California businesses continue to shoulder state's $20 billion debt to the federal government
Businesses large and small across California are paying even more on their payroll taxes to the federal government this year because of spending decisions the state's Legislature and governor made within the last few years.
Amazon Offers Payroll and Cybersecurity Help to Small Businesses
Amazon Business is offering new benefits to members of its Business Prime program. The tech giant announced Thursday (Dec. 18) that these small and
Three international companies get tax incentives for jobs in central Ohio
The Ohio Tax Credit Authority projects may result in more than $148 million in new payroll and generate over $1.1 billion in Ohio investments.
A guide to self-employment tax for small business owners
Self-employment tax isn't an "extra" tax — it's the same payroll tax that was always there, now just fully visible to new small business owners.
Crane Kenney Explains Disparity Between Cubs' Revenue, Payroll -
Much has been made about the Cubs having MLB’s third-highest revenue and just the 14th-highest player payroll, a disparity that angered many fans throughout the season. Then there’s that oft-cited BrooksGate graphic showing that the Cubs ranked 26th in terms of the percentage of their reported gross revenue dedicated to payroll last season (36.4%). They …
November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports
The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.