by Jarel Daniels | Nov 5, 2024 | Tax & Accounting
Debt: A Double-Edged Sword for Entrepreneurs Debt can be a potent tool to accelerate business growth, but it’s essential to wield it wisely. As an entrepreneur, you’re likely to encounter financial hurdles, especially during the early stages. This guide...
by Jarel Daniels | Oct 17, 2024 | Tax & Accounting
Strategies for Responsible and Effective Credit Card Use How to Use Credit Cards Strategically for Business Success. Credit cards can be a valuable asset for businesses, offering convenience, rewards, and the potential to improve your credit score. However, they can...
by Jarel Daniels | Oct 4, 2024 | Tax & Accounting, Tax tips
Financial Tips for Small Business Owners Financial Literacy for Small Business Owners: A Practical Guide Running a small business is a challenging feat. It requires a delicate balance of creativity, hard work, and financial savvy. While the creative and operational...
by Jarel Daniels | Jul 30, 2024 | Tax & Accounting, Tax tips
QBI Deduction: Is This Tax Break for Small Businesses About to Disappear? Small business owners got a much-needed break a few years back when the Qualified Business Income (QBI) deduction was introduced. This tax perk essentially gave businesses a discount on their...
by Jarel Daniels | Jul 18, 2024 | IRS, Tax & Accounting
Is the Self-Employment Tax Credit Scam Too Good to Be True? Running your own business comes with its fair share of challenges, and navigating the tax system can be one of the biggest. Lately, there’s been a misleading claim spreading online about a...
by Jarel Daniels | May 24, 2024 | Accounting, IRS, Tax & Accounting, tax credit, Tax tips
How can businesses ensure accuracy in their Employee Retention Credit claims on their tax returns? Some individuals have misrepresented the eligibility criteria for the Employee Retention Credit (ERC). The IRS has identified seven indicators of potential incorrect...