by Admin | Nov 3, 2022 | Business Taxes, Entrepreneurial
According to one recent study, there are currently more than 32 million small businesses operating in the United States. For the sake of discussion, know that this term refers to those organizations with fewer than 500 employees. To put that number into perspective,...
by Admin | Nov 1, 2022 | Business Taxes, Entrepreneurial
The Inflation Reduction Act that President Biden signed into law back in August, has a lesser-known provision that could benefit many small business startups, allowing them to potentially double the amount of the research and development tax credit they can claim from...
by Admin | Oct 27, 2022 | Business Taxes, Entrepreneurial
As part of the Inflation Reduction Act, passed in August 2022, modifying Internal Revenue Code Sec. 45L, contractors will benefit from the increased tax credit for building Energy Efficient New Homes effective January 1, 2023. In addition, this credit that had...
by Admin | Oct 11, 2022 | Entrepreneurial
If you had to make a list of some of the biggest issues that plague small business owners on a regular basis, cashflow problems would undoubtedly be right at the top. Cash flow is about more than just the money coming into and going out of your business. It represents...
by Admin | Oct 6, 2022 | Entrepreneurial
According to one recent study conducted by the Small Business Administration, there are approximately 32.5 million organizations that classify as a small business in operation in the United States. Half of all American workers are either employed by a small business...
by Admin | Aug 30, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning
President Biden signed into law the Inflation Reduction Act on August 16, 2022, in part which gives the IRS almost $80 billion spread over the next 10 years on top of its regular annual funding. The money is meant to be used for: Enforcement and collection measures...
