The Paycheck Protection Program (PPP) allows small businesses to obtain loans that can be forgiven on a tax-free basis. There’s been tremendous … Read more about 4 Steps to a Paycheck Protection Program Loan
Get Cash Now: 3 Good Options
“Get cash now” is the tag line in an ad offering cash to someone with a structured settlement. It’s also the battle cry for small businesses trying to … Read more about Get Cash Now: 3 Good Options
Preparing for Economic Changes: Post-Pandemic Business Picture
In a post-pandemic world, business is not as usual. Many things have already changed, and many more changes are poised to occur. As Aldous Huxley … Read more about Preparing for Economic Changes: Post-Pandemic Business Picture
Government Incentives for Small Businesses: What’s in It for You?
Governments -- federal, state, and local — provide a variety of economic incentives to encourage businesses to hire workers, invest in capital … Read more about Government Incentives for Small Businesses: What’s in It for You?
Lining Up Your Employee Benefits Program for 2020
Now is the time to make your employee benefits plans for the coming year. What you offer depends on what your company can afford, so check your … Read more about Lining Up Your Employee Benefits Program for 2020
Budgeting Now for 2020
Now that we’re in the fourth quarter of 2019, it’s time to craft your budget for the coming year. This is an annual chore that should not be … Read more about Budgeting Now for 2020
FBAR Reporting for Business Accounts
FBAR (Report of Foreign Bank and Financial Accounts) The government filed a lawsuit against a person seeking $4 million in penalties for his failure … Read more about FBAR Reporting for Business Accounts
The Minimum Wage Conundrum: What Can You Do?
Small businesses consider their options in the face of rising minimum wage rates Currently, the federal minimum wage is $7.25 hour. But many states … Read more about The Minimum Wage Conundrum: What Can You Do?
Cash Flow Woes and What You Can Do
According to Intuit’s The State of Small Business Cash Flow, “69% of small business owners say they have been kept up at night by ongoing concerns … Read more about Cash Flow Woes and What You Can Do
Best Strategies for Your Loan Applications
You may need a loan to expand your business, undertake a marketing campaign, purchase equipment or a building, or for some other very good purpose. … Read more about Best Strategies for Your Loan Applications
Borrowing: The Good, The Bad and The Ugly
According to the March 2019 NFIB Small Business Optimism Index, more than half (51%) of owners reported that they weren’t interested in a loan. … Read more about Borrowing: The Good, The Bad and The Ugly
Special Tax Breaks for Farmers
The majority of the more than 2 million farms in the U.S. are small businesses. The USDA says that “in 2016, farms organized as pass-through entities … Read more about Special Tax Breaks for Farmers
Disability Coverage for Owners and Employees
It’s an unfortunate fact that the chances of becoming disabled are too high to be ignored. According to Council for Disability Awareness, 1 in 4 of … Read more about Disability Coverage for Owners and Employees
5 Ways Higher Interest Rates May Affect Your Business
The Federal Reserve has raised its federal funds rate (referred to as the fed funds rate) several times this year and expects to have additional … Read more about 5 Ways Higher Interest Rates May Affect Your Business
Stock Options and Your Small Business
Small business owners who’ve incorporated may be reluctant to share ownership with staff. However, the National Center for Employee Ownership lists a … Read more about Stock Options and Your Small Business