Finance
10 Facts Employers Need to Know About Payroll Tax Incentives
Recent Covid-19 legislation creates new payroll tax incentives for employers, which fall into two main categories: Payroll Credits and Tax Deferral. All these relief measures were established by the Families First Coronavirus Response Act (Families…
10 Types of Insurance for Today’s Business Owners
Running a successful business requires you to invest valuable resources into its launch and growth. However, the time and money you’ve poured into it can be lost at any time due to unexpected circumstances. You…
5 Unexpected Truths About Crowdfunding Your Business
It’s a difficult time for small business owners. As the coronavirus crisis has disrupted business operations, more banks are tightening their standards for lending, making it harder for small businesses to access crucial capital. While…
Ask These 5 Questions Before Selling Your Business
Ask any business owner or entrepreneur and they will tell you that the decision to sell a business is never an easy one. Every commercial enterprise is different and some can be intensely personal, long-term…
5 Great Things to Know About Rental Income and Taxes
Rental income can be a lucrative industry for landlords. It is a fast-paced industry with many moving parts, such as interviewing potential tenants, managing current tenants, and maintaining property quality. Income tax and deduction for…
IRS Unclaimed Refunds Waiting For Taxpayers Face July 15 Deadline
Unclaimed income tax refunds worth more than $1.5 billion await an estimated 1.4 million individual taxpayers who did not file a 2016 federal income tax return, according to the Internal Revenue Service. “The IRS wants…
Important: IRS Finalizes Changes to Payroll Tax Return Form 941
On June 20, 2020, the IRS finalized tax Form 941, Employer’s Quarterly Federal Tax Return, to collect information about the new COVID-19 tax incentives, expanding the form from two to three pages, and adding 58 new…
How Will Small Businesses Survive Financially After PPP?
The coronavirus delivered a sudden series of shocks to our economy and civil society, some of which were far easier to deal with than others. When it came to ensuring the security of millions of…
How to Create a Simple Bookkeeping Spreadsheet for Your Business
Bookkeeping is a practical way to make sure that your business can track its budget. Every transaction that occurs will affect how your business allocates its finances. The use of a spreadsheet allows you to…
5 Proven Ways to Reduce Financial Waste in your Business
The impact of the COVID-19 pandemic on the world economy is set to be profound and lasting. If you’re a business owner, you might be concerned about how you will stay afloat during these uncertain…