Top 3 Small Business Holiday Marketing Tips for 2020

This article was published by the SBA.  Use these strategies to grow sales and build customer loyalty this holiday season. With Black Friday, Small Business Saturday, and Cyber Monday in November kicking off the holiday shopping season, now is a good time for small businesses to boost sales. This year, 60% of consumers plan to do half or …

Continue reading Top 3 Small Business Holiday Marketing Tips for 2020

People Should Have Tax Withheld from Unemployment Now to Avoid a Tax-Time Surprise

This article was published by the IRS.  Due to the Coronavirus pandemic, millions of Americans received or are currently receiving unemployment compensation, many of them for the first time. It's important for these individuals to know that unemployment compensation is taxable. People can have taxes withheld from this compensation now to help avoid owing taxes on …

Continue reading People Should Have Tax Withheld from Unemployment Now to Avoid a Tax-Time Surprise

How the CARES Act Changes Deducting Charitable Contributions

This article was published by the IRS.  Whether taxpayers are supporting natural disaster recovery, COVID-19 pandemic aid, or another cause that's personally meaningful to them, their charitable donations may be tax deductible. These deductions basically reduce the amount of their taxable income. Here's how the CARES Act changes deducting charitable contributions made in 2020: Previously, …

Continue reading How the CARES Act Changes Deducting Charitable Contributions

Social Security in Plain Language

This article was published by the SSA.  Some of the terms and acronyms people use when they talk about Social Security can be a little confusing. We’re here to help you understand all you need to know. We strive to explain your benefits using easy-to-understand, plain language. The Plain Writing Act of 2010 requires federal …

Continue reading Social Security in Plain Language

QuickBooks Ask the Expert: Tips to Manage & Grow Your Small Business

https://www.youtube.com/embed/i-PUByw-2lY In the current COVID-19 economic environment, some are choosing to (or are forced to) start their own small business. It's important to know what you're doing and what you might be in for before you dive in. Chelsea Fagan is a writer and the founder of The Financial Diet blog and the largest YouTube …

Continue reading QuickBooks Ask the Expert: Tips to Manage & Grow Your Small Business

Who Qualifies for Which New Employer Tax Credit?

This article was published by the IRS. Many businesses affected by COVID-19 qualify for tax relief though credits or deferrals. Here's a breakdown of which employers qualify for these new tax credits and the deferral of employment tax deposits and payments through December 31, 2020. Credits for paid sick and family leave Businesses and tax-exempt organizations that have less …

Continue reading Who Qualifies for Which New Employer Tax Credit?