Published July 27, 2023 – The Employee Retention Credit (ERC) is a valuable tax incentive introduced by the Internal Revenue Service (IRS) to provide financial relief to businesses during challenging economic conditions. The ERC was initially established as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020 and has been […]
Published July 27, 2023 Table of Contents Recap In the last post, we looked at the basics of managing sales and use taxes for home-based businesses. Today, we will recap the key points covered. Firstly, it’s important to determine nexus, which establishes the connection between your business and a taxing jurisdiction. This determines whether you […]
Published July 26, 2023 Table of Contents Recap In the last post, we discussed the complexities and challenges of self-employment taxes. The article provided an overview of the key obligations involved in self-employment taxes, including the calculation and payment process, as well as strategies to manage tax liabilities effectively. It emphasized that self-employed individuals are […]
Published July 25, 2023 – In today’s business landscape, companies have various options for conducting their operations. With the rise of remote work and virtual offices, many entrepreneurs wonder if investing in a physical office is still relevant. While modern technology has made it easier to run a business without a physical location, there are […]
Published July 25, 2023 – Market demand refers to the total amount of a product or service that consumers are willing and able to purchase at a given price and within a specific time period. It is a fundamental concept in economics and plays a crucial role in shaping business strategies, product development, and overall […]
Published July 25, 2023 – 2023 brings exciting opportunities for the retail community, as the industry continues to thrive after the COVID-19 pandemic. The National Retail Federation predicts positive retail sales figures, not just for big box chains but also for independent retailers. In celebration of Independent Retailer Month, this blog post explores how aspiring […]