Scammers Never Sleep. Here are the 12 Common Fraud To Look Out For During COVID-19 Time. Courtesy from IRS who really does have a stake in protecting you.
2020 Election : Brace For Higher Taxes
PPP Loan Forgiveness Tool by AICPA and CPA.com
The American Institute of CPAs and its business and technology arm, CPA.com, have released a Paycheck Protection Program (PPP) loan forgiveness platform, PPPForgivenessTool.com, which automates the forgiveness process for small business owners who have received funds from the PPP.
7-Point Checklist for Selecting A Trusted Advisor
What makes a good advisor? For any entrepreneurial effort, building a home, starting a business, saving for retirement, one cannot do it alone, at least not as well as if you have a trusted and expert team around you. The team can be your family and/or your friends, or the team is comprised of specialist or expert in the area that you are not well-versed in. For you to succeed, having those who want you to succeed is important.
5 Reasons Why You Should Not Rush For PPP Forgiveness
Congratulations to you that have received the Paycheck Protection Program (PPP) money to tide you over and help you keep your employees. With an understanding of "use it or pay it", and that the clock is ticking, you are probably contemplating applying for forgiveness of this money.
Not so fast! Why? You ask. Here are 5 main reasons you may want to give it more thought.
10 Ways to Increase the Money Your Business Makes & Keeps
3 Ways to Make the Most of Your Banking Relationships
The COVID-19 pandemic has highlighted the importance of having an established relationship with a lending institution if your business needs a quick infusion of cash. Here are some tips for either establishing a banking relationship if you don't currently have one or expanding an existing relationship you do have:
Help For Business Owners Who Provide Employees With COVID-19 Paid Leave
5 Ways to Recession-proof Your Business
Business America is slowly re-opening. Given the dismal economic numbers we have seen, the market reality mirrors that of the last recession.
There was a survey done to businesses that survived the 2008 recession by Trends, and the below are 5 key takeaways from business owners on how to cope with the economic fallout. We might like to borrow them for the fallout from the recent COVID-19 pandemic.
Alert! Creative COVID-19 Scams
The 3 Rules of Cash For Now And Forever
5 Things to do Now to Save Your Business!
2 Steps to Survive & Thrive Through Crisis
“In times of crisis you have to prioritize and execute.” Said the former US Navy Seal Jocko Willink, author and TED talker. What has that got to do with making your business survive and thrive in this time?
Well, lean time forces you to focus on core business. When times were good, you could afford to be lax with everything. Not anymore.
6 Ways to Tame Your Capital Gains Tax Bite
A cornerstone of smart tax planning is year-round management of your property sales and purchases. And a key component of this activity is knowing that the resulting sale of a home, stock or collectible creates a taxable gain or loss with varying tax implications. The savvy taxpayer understands that the correct capital gain approach can save plenty of money. Here are six capital gain tax-cutting opportunities to consider throughout the year:
Which Business Entity Allows Less Taxes?
When you have your annual tax returns sit in front of you, have you considered which types of taxes you can optimize?
Do you know your business structure impacts your bottom line?
Outside of legal considerations for asset protection, or financial consideration for fund-raising, what you want the business to do determines the best tax strategy for it.