Restaurant Revitalization Fund (RRF) UPDATE
Last Thursday, the house passed the Relief for Restaurants and Other Hard Hit Small Businesses Act of 2022 (H.R. 3807) with $42B […]
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10 SELF EMPLOYMENT TAX DEDUCTIONS
“SMALL BUSINESSES SELF EMPLOYMENT TAX PAYERS” HERE ARE 10 SELF EMPLOYMENT TAX DEDUCTIONS TO HELP YOU SAVE ON LOWERING YOUR TAXABLE INCOME […]
Funding for the construction industry
Recent increases in construction and contracting business activity are attributed to the growing trend of building custom homes, remodeling, adding offices, and […]
Currently available for the 2020 – 2021 tax year
The Employee Retention Credit (ERC) is one of the most advantageous and under-utilized tax credits introduced as the result of the COVID-19 […]
Coronavirus 2019 (COVID-19) Resources for Employers
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Best Business Loans for 2022
In 2022, small business owners continued to rely on online lenders as a source of financing. There are six main reasons for […]
SBA Loans for Illinois Construction and Remodeling Companies
Construction accounted for $30.9 billion (3.4%) of Illinois’s $897.1 billion GDP. According to the U.S. Bureau of Labor Statistics, there were 706,000 […]
Here are three ways a line of credit can benefit your business
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Lending trends for small businesses in 2022
The recent pandemic has disproportionately impacted small businesses. A number of local companies that had suffered financial losses faced slowdowns and even […]
Loans under the SBA 7(a) and 504 programs
How long does it take to apply for a loan from start to finish is by far the most frequently asked question […]
Do SBA loans take a long time to be approved?
The Small Business Administration typically takes a significant amount of time to approve your loan application. Nonetheless, many business owners attempt to […]