How does a free loan to hire employees sound? This credit can give you that. Budget Change for 2014 Could Impact Your Business The President’s Fiscal Year 2014 budget proposal is being digested by analysts and economists to understand its potential impact on the economy. Small businesses play an important role in the budget, which features a provision to help stimulate hiring and pay increases for companies with less than $20 million on payroll during 2012. This Budget Change for 2014 … [Read more...]
Cash Deposits Lead to Money Laundering Charges for Small-Business Owners
Consistently making cash deposits just under $10,000 could lead to money laundering charges for small-business. Randy and Karen Sowers are living every small-business owner's worst nightmare. The couple owns the successful South Mountain Creamery which produces and delivers farm fresh, all natural and sustainable dairy products in rural Maryland. The Sowers do significant sales at farmers' markets, where customers usually pay in cash. In 2011 and 2012, they earned around $300,000 in sales from … [Read more...]
Los bancos que más dinero regalan cuando abres una cuenta
Promociones Bancarias Después de la recesión y crisis financiera del 2008, muchos bancos quedaron en la quiebra o con márgenes de utilidades muy limitados. Por esta razón, hoy existe una competencia muy agresiva entre las distintas instituciones financieras por captar nuevos clientes. Esto sin dudas beneficia al consumidor ya que se traduce en mejores ofertas, tasas, servicios gratuitos e incluso dinero gratis por abrir nuevas cuentas. Si estás pensando en abrir una nueva cuenta es muy útil … [Read more...]
The Two Most Important Days in April, tax returns are due April 15th
Everyone knows there tax returns are due April 15th. But did you know there are other tax deadlines this month? Eva Rosenberg at MarketWatch brings up a great point—everyone thinks that April is tax month because returns are due on the fifteenth. While that's true, it's only one of the several tax return deadlines that affect small-business owners over the course of the month. By focusing exclusively one date, you run the risk of missing other important deadlines. If April wasn't busy enough … [Read more...]
The IRS has started using Facebook and Twitter to see if tax returns match lifestyles.
Tax Faux Pas: Why You Should Think Twice Before Instagramming Your New Mercedes. The IRS has started using Facebook and Twitter to see if tax returns match lifestyles. The difference between what the Internal Revenue Service believes taxpayers owe and what they actually pay is referred to as the tax gap. Given the strained financial position of the U.S. Federal Government, the agency is now turning to a new resource to make it more difficult for taxpayers to perpetuate this fraud. It is … [Read more...]
The SBA’s sequester-related cuts will reduce loan guarantees for small businesses
Does The SBA Have A Sequestration Contingency Plan? The SBA's sequester-related cuts will reduce loan guarantees for small businesses. What's their contingency plan? While the sequestration-related budget cuts are no longer front-page news, their impact is only just beginning. One of the agencies that has been impacted is the Small Business Administration, which uses a significant portion of its budget to secure small-business loans. It is very likely that cuts from the sequester will reduce … [Read more...]
Business Travel Will Never Be the Same Again
Business travelers have permanently changed how they approach getting from A to B thanks to the Great Recession. Business Travel Will Never Be the Same Again. During the Great Recession, most companies modified their executive travel policies. Eliminating business-class travel, flying at off hours to buy cheaper tickets, using online reviews and social media to find deals and avoiding activities that generate extra fees were just some of the changes implemented in an effort to save money. Now … [Read more...]
Small business owners become the target of scams because of the traits that make them successful.
New Twist On Get Rich Quick Targets Small Businesses Small business owners become the target of scams. Business owners already have a propensity towards risky activities. They also have a taste for rewards commensurate with the risk they undertake. This combination of traits have made them increasingly appealing targets of fraudsters. The timing is also right. After so many years of lackluster results, many entrepreneurs are finally looking for higher returns and their judgement may be … [Read more...]
Retailers Using Shared Data to Reduce Employee Theft
Retailers are working together to stop "five-finger discounts" from ruining their businesses. Inventory shrinkage, a fancy term meaning theft, is a huge problem for retailers. Over $90 million worth of inventory disappears from warehouses and store shelves across the country every single day. What is most disappointing is that an estimated 44 percent of shrinkage is perpetrated by employees. To deal with this issue, several companies have proposed an innovative solution, retailers are … [Read more...]
New Legislation: No Such Thing as Illegal Immigrants?
A guest worker program would allow undocumented immigrants the opportunity to work legally. New Legislation: No Such Thing as Illegal Immigrants? A large-scale "guest worker" program may finally be on the horizon in the United States again after a contentious but successful negotiation by labor, business and political leaders. Despite highly passionate views on immigration from all sides, the parties were able to come together to produce a plan with support from all three interest groups. When … [Read more...]
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