Small Business

Businessman in flooded office, barefeetde reading the newspaper, shoes at table Henrik Sorensen | Digitalvision | Getty Images Many Main Street businesses could be playing with fire — literally — by not maintaining appropriate levels of business insurance coverage, especially given the spate of natural disasters affecting multiple areas of the U.S. Skimping on property
0 Comments
In this article UPS Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images A doorbell camera in Chesterfield, Virginia, recently caught a man snatching a box containing a $1,600 new iPad from the arms of a FedEx delivery driver. Barely a day goes by without a similar report. Package theft, often referred
0 Comments
Getty Images As the year-end approaches, there’s been debate around tax reporting for business transactions on payment apps such as Venmo and PayPal, along with e-commerce companies, such as eBay, Etsy and Poshmark. Some lawmakers are pushing to increase the IRS reporting threshold for Form 1099-K, which covers third-party business payments. Taxpayers who use a payment app to process
0 Comments
With national labor market data showing that the economy only provides jobs for one out of every five Americans with intellectual and developmental disabilities, the opportunities for those with I/DD in the workforce are clearly lacking. Amy and Ben Wright, co-founders of Bitty and Beau’s Coffee, are entrepreneurs — and parents — making a dent
0 Comments
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters Scrutiny of a pandemic-era tax credit intensified this week as lawmakers, the IRS and tax professionals sought solutions for the wave of small businesses that wrongly claimed the tax break.  The employee retention credit, or ERC,
0 Comments
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Todd Niggeling delivers packages for Amazon in Sioux City, Iowa, on Tuesday, May 2, 2023. Niggeling delivers packages through Amazon’s delivery hub program in which Amazon is using small businesses as centralized drop-off points and paying business owners to drive the last mile to deliver
0 Comments
Pgiam | Istock | Getty Images A cottage industry of specialist firms has sprung up to help business owners claim the Employee Retention Credit (ERC), a governmental tax incentive intended for companies stressed by the pandemic. But businesses need to be careful not to get hoodwinked.  There are strict eligibility requirements for the ERC —
0 Comments