With inflation still at record highs, small businesses are anticipating a decrease in sales this holiday season. This has caused many to start their holiday orders now to avoid any lingering issues. Mark Rhodes, CEO of the online marketplace, Faire, told AP News he’s seen an increased number of merchants doing early orders to avoid […]
Small businesses are preparing for the holiday season earlier than usual to prevent supply chain problems. With inflation still at record highs, small businesses are anticipating a decrease in sales this holiday season. This has caused many to start their holiday orders now to avoid any lingering issues. Mark Rhodes, CEO of the online marketplace, […]
Looking for a business loan but don’t want to go through a bank? An alternative is the Small Business Association (SBA) loan, which allows businesses to apply and be considered for a loan regardless of their financial standing. The key is to find the right loan for your business. Here are some of the […]
Today the Federal Reserve raised rates by 0.75%. They did the same in June. This marks historic times and it remains to be seen if we will have a soft landing or a recession.
Last Thursday, the house passed the Relief for Restaurants and Other Hard Hit Small Businesses Act of 2022 (H.R. 3807) with $42B to fund all outstanding eligible applications for the Restaurant Revitalization Fund. The next step is to pass the bill in the Senate.
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“SMALL BUSINESSES SELF EMPLOYMENT TAX PAYERS” HERE ARE 10 SELF EMPLOYMENT TAX DEDUCTIONS TO HELP YOU SAVE ON LOWERING YOUR TAXABLE INCOME AND LOWER YOUR TAX BILL SELF EMPLOYMENT TAX DEDUCTION RETIREMENT CONTRIBUTIONS HEALTH INSURANCE PREMIUMS VEHICLE EXPENSE DEDUCTIONS TRAVEL EXPENSES BUSINESS MEALS HOME OFFICE DEDUCTIONS RENTAL USE OF YOUR HOME CELL PHONE EXPENSES INTEREST […]
Recent increases in construction and contracting business activity are attributed to the growing trend of building custom homes, remodeling, adding offices, and adding additions. Also experiencing an increase in business are specialty companies, such as plumbers and electricians. But between fronting the cost of building materials, unexpected weather delays and late paying clients who also […]
The Employee Retention Credit (ERC) is one of the most advantageous and under-utilized tax credits introduced as the result of the COVID-19 pandemic relief funds. In conjunction with this program, our clients have received over $2,000,000 in ERC refunds. Generally, reimbursement claims for these refunds are filed with the original or amended Federal quarterly payroll […]
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