Hiring a new employee can be expensive, not just because of their pay, but because of the benefits you may offer. For some small businesses, the costs associated with offering employee perks, like health insurance or paid time off, can appear to outweigh the benefits. As we mentioned in a previous blog, employees are an […]
I just wanted to take a few minutes to update everyone on an important tax opportunity called the Employee Retention Tax Credit. It can save you significant amounts of money if your business qualifies. The tax law introduced last spring created the credit, but many companies didn’t qualify because they had borrowed PPP money. However, […]
At the end of last year, the IRS announced its plans to ramp up small business audits by as much as 50% and by as early as February 2021. These plans come at a time when businesses’ books look even more complicated due to the pandemic and the numerous stimulus packages that have come with […]
Earlier this year, Kelly and I decided to apply for a Small Business Administration (SBA) loan. Seeking funding from the government can often be a long and tedious process. We decided to use a third party to help us this time, and we are glad we chose Fundera. The process was smooth and easy The […]
It’s July. We are in the middle of Covid-19. Our office lease is up. What now? With employees working from home (WFH) and doing a great job, what do we do with the office lease? Stanley and I have spent several weeks looking at options for SDA. This is what we decided… What we have […]
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