Take Advantage Now of Expiring Provisions

The following article was published by the SBA. Several tax breaks that are available in 2019 are set to expire soon. Businesses face a use-it-or-lose-it opportunity, suggesting that you act now if the tax breaks make sense for your company. Work opportunity tax credit If you’re considering hiring a new employee, there’s a federal tax …

Teaching Your Teen How to Manage a Checking Account

Opening a checking account is an important step in your teen's financial life. It's a great opportunity for them to learn about managing money and setting spending goals. Most banks allow a child to open a checking account at age 13. One parent is usually required to be a co-owner until the child turns 18. …

Employers Who Provide Leave Might Qualify to Claim Valuable Credit

The following article was published by the IRS. Employers who provide paid family and medical leave to their employees might qualify for a credit that can reduce the taxes they owe. It's called the employer credit for family and medical leave. Here are some facts about the credit to help employers find out if they …

10 Tips for Small Business Saturday Success

For millions of small businesses across the United States, it’s getting close to the most wonderful time of the year: Small Business Saturday! Celebrated two days after Thanksgiving, Small Business Saturday is a way for consumers to usher in the busy holiday shopping season and make an impact in their community by supporting independently owned …

How Do Bank Deposits Work?

Banks process different deposits in different ways. After making a large deposit into your account, it can sometimes take a while for those funds to become available. Learn how banks process deposits and why you may not be able to immediately access your money.

What Self-Employed Individuals (and Others) Need to Know About Backup Withholding

The following article was published by the IRS. Certain types of income may need to have backup withholding taken from these payments. Backup withholding can apply to most payments reported on Forms 1099 and W-2G. Here are some facts to help you understand backup withholding and (if it applies to you) determine if you should …

7 Simple Ways to Thank Your Customers This Thanksgiving

This article was published by the SBA.  As the year approaches its end, now is the perfect time to thank your customers for their support all year long. Thanking your customers not only rewards them for patronizing your business, but also helps build strong customer relationships and enhances customer loyalty. The end result: Customers feel …