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...
by Admin | Aug 24, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning
On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 which is a scaled-back version of the prior Biden administration proposals originally included in the Build Back Better Act. The legislation includes a variety of provisions,...
by Admin | Aug 23, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning
Please visit https://www.epi.org/minimum-wage-tracker/ to stay up to date on State and Federal minimum wage amounts. EPI is an independent, nonprofit think tank that researches the impact of economic trends and policies on working people in the United States. EPI’s...
