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BEING PREPARED--BUILDING YOUR EMERGENCY FUND

Wednesday, June 21

Seems like all we’ve dealt with the past few years, economically speaking, is a series of *emergencies*. Adjusting to this new normal, especially in terms of your checking account, and still maintaining a safety net for when unexpected costs arise, isn’t easy. Hard as it is, it is necessary, and ...


OTHER BUSINESS FINANCING OPTIONS

Monday, June 12

I’ve talked to you before about the ERC scams running rampant and how to steer clear of them, but there’s a recent update worth mentioning: They’re also partially responsible for the IRS’s delay in issuing ERC refunds — especially for small businesses. And funds like that could be exactly the kin...


IT'S A BET--GAMBLING AND TAXES

Monday, June 12

If you’ve listened to any kind of sports podcast recently (the Kelce boys have a particularly fun one), or tuned into any mainstream sports event for that matter, you’ve probably been blitzed with DraftKings ads. It seems sports betting is more and more common these days and way more accessible t...


RETIREMENT CRISIS AVERTED

Monday, June 05

The President and Speaker of the House finally made some forward movement on the debt ceiling this holiday weekend. A couple big takeaways: Decreased IRS budget (20 billion less than the projected 86 billion previously allotted by the American Rescue Plan) An end to unilateral e...


A BUSINESS--FRESH START OPTION

Monday, June 05

No one ever really anticipates getting mired in debt in their business. Whether through outside circumstances or business decisions that didn't quite work out, it happens. Lots of business owners find themselves in a difficult place right now trying to figure out a way to salvage their businesses...


NEW FINANCIAL REPORTING REQUIREMENTS, PART 2

Monday, June 05

Memorial Day doesn’t always mean rest for the small business owner — depending on what kind of industry you’re in. There’s often a lot of hustle around national holidays (special promotions, big sales, holiday weekend shopping). And debt ceiling deals to make, apparently, since that’s what our go...