A level-one bookkeeper can save you time and money and give you control over your small business budget. Here’s everything you need to know. While the figure that 30% of small business fail within two years is a scary prospect, there is a common denominator among these shut-downs: financial problems. 82% of business failures are because of […]
Tips and Tricks
Getting Your Finances and Accounts Ready for the New Year
It’s that time of the year when people are not just busy preparing for the holidays but making sure they fulfilled their financial obligations. Unfortunately, accounting is a tedious process for most people, whether personal or business. As a result, end-of-year financial requirements are often left untouched until the last minute. For individuals, starting the […]
Tax Code Changes Offer Relief to Minnesota Businesses
The pandemic impacted several institutions across the world, as restrictions and the rising number of cases devastated both national and local economies. To provide relief to local businesses, the Minnesota legislature signed the tax 2021 into law last July. In it are tax changes related to unemployment compensation and the Paycheck Protection Program or PPP […]
The SBA Expanded EIDL Program for COVID Disaster Relief
The pandemic left a huge impact on businesses, forcing many to temporarily or permanently shut down operations when the outbreak began. Up until today, businesses continue to reel from the negative economic effects due to all the mobility restrictions and shifts in consumer spending behavior. In response to this, the US Small Business Administration (SBA) […]
Tax Implications to Consider When Buying or Selling Your Home
Buying or selling a home is a big decision to make for anyone. The process can be tedious and stressful, especially if you consider the legal and administrative matters that need to be handled. Taxes are perhaps one of the biggest headaches you will encounter along the way. The last thing you want is to […]
