by admin | Jul 31, 2024 | TaxBiz
➡️ Small business loans are one of the ways new entrepreneurs can get the financial support they need. The Small Business Administration (SBA) offers resources, including loans, to business owners to help them succeed and grow. If you are starting a new business or...
by admin | Jul 18, 2024 | TaxBiz
📝 Lenders, suppliers, insurers and other organizations can use business credit score to help make decisions about working with your business. A business credit score that indicates low risk can help your business obtain better interest rates on credit cards, loans and...
by admin | Jul 9, 2024 | TaxBiz
🔎 Several provisions of the Tax Cuts and Jobs Act (TCJA) of 2017, enacted by former President Donald Trump, are set to expire at the end of 2025, without changes from Congress. The law included lower tax brackets, a higher standard deduction, and a boost to the child...
by admin | Jul 3, 2024 | TaxBiz
➡️ Small businesses hiring their own kids is a popular topic among social media influencers, but here we answer some questions to avoid misinformation about such posts. Must-Know Issues 🔹Wages can be deducted as a business expense, which can lead to significant...
by admin | Jun 19, 2024 | TaxBiz
Health savings accounts (HSAs) are grossly underutilized as a retirement investment tool by the people who have them, even though thousands of dollars can be invested each year. ✅ How to Get the Most out of Your HSA Account HSAs are tax-advantaged accounts intended...
by admin | Jun 13, 2024 | TaxBiz
➡️ Understanding and complying with tax obligations is very important to the success of every business, especially a new one. Below, we leave some tips for new entrepreneurs. 🔹Choose a Business Structure The form of business determines which tax return a business...
