Whether you need it to purchase new equipment or to secure a new location, applying for a business loan is a great way to grow or start your business. Navigating the lending standards and processes can be intimidating if you don’t know what documents you need or what loan to apply for. Breaking down this…
Category: Finance
11 Types of Business Loans: SBA Loans, Term Loans and More
Are you a business owner looking to obtain a loan for your business? Are you unsure of which loan best fits your needs? Finding suitable funding sources can be difficult, especially if you are unsure which best suits your situation. Our Article 11 Types of Business Loans will help you pick the right type of…
Credit Cards: Cash Back Vs Points
Did you know that 31% of credit cardholders didn’t redeem any of their rewards in 2020? This means that, even in the face of difficult economic times, many Americans are leaving money on the table. Today we will be comparing “Credit Cards: Cash Back Vs Points” and see which one is a better option. Using credit cards…
Cryptocurrency For Beginners: What It Is & Must-Knows
Are you ready to invest in cryptocurrencies but don’t know where to start? It seems like everybody is talking about cryptocurrencies. There are many stories about people getting rich, but there are also many stories of people who lose everything by making the wrong investments. Before making investment decisions, it’s important to be as best…
11 Common Legal Tax and Business Issues facing Small Businesses
The majority of businesses do not last past a decade. After the first five years, only about 50 percent of businesses still survive. One of the major factors affecting small businesses is staying legally compliant. From selecting the right company structure to understanding local laws, legal compliance will prevent tax issues, problems with information privacy, and an…
Tax Compliance Requirements Influencers Should Know in 2022
Ten years ago, social media was not as prominent as it is today. Influencers nowadays can make money on social media on all currently available platforms. Although there is a huge opportunity to make a lot of money online, there are still tax implications that many influencers must abide by. Learn Tax Compliance Requirements Influencers…
Do SBA Loans Affect Personal Credit Score? (Answer May Surprise You)
If you’re one of the 627,000 new businesses that open each year in the United States, you may have considered taking out a loan. Taking out a loan can give your business the resources it needs to grow to the next level. But do business loans affect your personal credit score? The short answer to this question…
S Corp Dissolution: 12 Steps to the Complete Process
There are currently more than 32.5 million businesses operating over the United States. Each of these offers unique services and products to its customers, as well as employment opportunities for the local community. However, with more new business applications being submitted in America than ever before, your competition is fierce. Because of this, only 50% of new businesses will survive…
California State Income Tax: A Guide for 2022
California is a beautiful place to live, but living in the Golden state comes with a complicated income tax system. In fact, California’s tax system varies significantly from the federal tax system in many different ways. For example, this state has its own deductions and credits that you may benefit from, especially with the new…
How to Keep Meeting Minutes for a C Corp? (Ultimate Guide)
There are tons of different types of business structures out there. There are C Corps, S Corps, LLCs, LLPs and sole proprietorships, to name a few. However, an C Corp is one of the most popular forms of business, with roughly 1.7 Million C Corps in the United States. These businesses offer tons of different benefits…