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Hard Times? Get Back to Business Basics

December 20, 2020 by admin

Hard Times? Get Back to Business Basics

It’s reassuring to remember that downturns are a normal part of the business cycle. And, just as there are strategies that help businesses thrive during profitable times, there are basic survival tactics that businesses can employ when the outlook is less than rosy. Control Spending Finances should be your fundamental concern when economic conditions are […]

Filed Under: Best Business Practices

Family Loans — Tax Considerations

November 21, 2020 by admin

Family Loans — Tax Considerations

Obtaining financing to start or expand small businesses and buy homes can sometimes be difficult. If your child or grandchild is having a hard time getting a loan from a commercial lender, you may be willing to help out by lending the money yourself. Have a Written Agreement Start by putting the loan agreement in […]

Filed Under: Business Tax

Be Proactive when it Comes to Business Issues

October 20, 2020 by admin

Be Proactive when it Comes to Business Issues

Your manager breaks her leg playing softball and will be out for a month. Or your receptionist’s husband lands his dream job, but it’s out of state so they’ll be moving. When you own a small business, learning to expect the unexpected comes with the territory. Yet, you don’t have to stand idly by and […]

Filed Under: Best Business Practices

5 Ways to Lower Your SUTA Tax Rate

September 29, 2020 by admin

5 Ways to Lower Your SUTA Tax Rate

An employer’s SUTA tax rate is susceptible to fluctuation. If yours is escalating, contrary to popular belief, you actually might be able to reduce it! Check out these five strategies to curb your SUTA tax rate. Because the State Unemployment Tax Act – or SUTA – tax is mandatory, you may think you have no […]

Filed Under: Business Tax

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