Tag: Legal

May 22, 2023

In a ruling that could have far-reaching consequences for small businesses across the nation, the U.S. Supreme Court upheld California’s Proposition 12 in the case of National Pork Producers Council v. Ross. This decision may impose additional regulatory burdens on […]

April 21, 2023

Opening a business in another country is a tempting idea. If done well, you can expand the scope of your company, develop new markets and find investors. It’s also a good way to save invested funds and gain additional profit. […]

April 7, 2023

If you are new to the business world, you may not be fully aware of what S corps and C corps are. You are not alone. Many are unfamiliar with these two basic types of corporations in America. So why […]

April 6, 2023

US House Small Business Committee Chairman Roger Williams (R-TX) and Small Business Administration (SBA) Administrator Isabella Casillas Guzman highlighted the importance and benefits of the SBA’s Boots to Business program after visiting Fort Hood last Friday. This visit allowed them […]

March 21, 2023

The minimis safe harbor election allows small businesses to deduct expenses that might otherwise need to be capitalized. Think of the amounts paid for things like computers. Under the safe harbor election, you might be able to deduct the entire […]

February 23, 2023

If you run a business, you may have heard of Venmo, the mobile payment app that allows users to quickly and easily send and receive money. While Venmo is often thought of as a tool for friends and family to […]

February 13, 2023

Are you curious about what the qualified business income deduction (QBI) is and whether or not you can take advantage of it? If so, this article will provide an in-depth overview of the QBI deduction and answer the fundamental question: […]

February 9, 2023

An ACH payment is a great way to quickly and securely send direct payments from your bank account, but it’s important to understand how it works and what fees you may incur. In this article, we’ll provide everything you need […]

February 6, 2023

You may be eligible for valuable credits that can help reduce your overall liability and make running your business more affordable. This guide provides an overview of some of the most common business tax credits and what they could mean […]

February 6, 2023

The 2022 tax year is here, and with it comes a slew of nondeductible expenses that could affect your bank account. Whether you’re filing taxes independently or as part of a household, knowing what isn’t deductible can help you more […]

January 12, 2023

Venmo tax reporting is the new hot topic this year. The Internal Revenue Service has issued some new rules for reporting business income through payment services such as Venmo, PayPal, CashApp, and other third-party payment processors and it has left […]

September 19, 2022

Are you interested in owning your own Chick-fil-A franchise? If so, you’re likely wondering about the ownership process and what’s involved. In this blog post, we’ll answer some of the most commonly asked questions about Chick-fil-A franchising. We’ll also provide […]

September 13, 2022

The House Committee on Small Business Subcommittee on Underserved, Agricultural, and Rural Business Development will hold a hearing on “Right to Repair and What it Means for Entrepreneurs” on Wednesday. Members of Congress are expected to hear testimony from the […]

August 29, 2022

If you’re in the market for a business auto loan, you have lots of options. You can go with a traditional lender, or explore alternative lenders. In this article, we’ll discuss 7 loan options to consider if you’re looking to […]

August 8, 2022

According to Digibee’s 2022 State of the Enterprise Integration report, while the majority of IT leaders in the finance, manufacturing and retail industries claim digital enterprise integration is a business imperative, only 7% actually have an established strategy. A total […]

August 2, 2022

SBA loans can be a great way to get the funding you need to start or grow your business. SBA lenders offer a variety of loan products, each with its own terms and conditions. This article will help you understand […]

July 18, 2022

A small business owner easily might become overwhelmed when it comes time to buy health insurance. With so many types of small business health insurance from which to choose, and so many companies offering those benefits, where is one to […]

April 13, 2022

As small business owners know, there are many types of business insurance. In fact, it can be confusing. The Business Owner’s Policy BOP is a policy that has business insurance benefits because it combines coverages under one umbrella. How much […]

November 18, 2021

If you are a banker, you must have heard about the LIBOR transition to RFR and why the Financial Conduct Authority (FCA) who is responsible for LIBOR regulation wants to phase out Libor by the end of the year 2021. […]

October 21, 2021

By the end of 2021, it is estimated that 99% of organizations will be using at least one Software-as-a-Service (SaaS) solution. As a result, the overall SaaS market is expected to reach $220.21 billion in value by 2022. Like with […]