Important Tax Deadlines for Businesses in 2020


Tax Deadlines for businesses in 2020

The IRS has extended the tax deadline to July 15th. Personal and business income taxes that were due on April 15 can now be filed any time before July 15, 2020. The extended deadline applies to payments due as well. This post has been revised to include the new deadlines

IRS is offering coronavirus relief to taxpayers and many businesses will qualify for two new tax credits, the Credit for Sick and Family Leave and the Employee Retention Credit.

When you run a business, filing taxes isn’t quite as simple as it is for employed individuals. There are multiple tax deadlines that you need to be aware of. If you don’t conform to tax deadlines for businesses it can end up costing you extra money later on. Let’s look at some of the most important dates to keep in mind for business taxes. Read more

Merchant Cash Advances vs Invoice Factoring: How Do They Compare?


MCA vs Invoice FactoringIf you’re researching ways to finance your business, you may have heard of merchant cash advances (MCA loans) as well as invoice factoring. Both are alternatives to traditional financing, such as bank loans, and easier to qualify for. Yet they differ in several important ways. Before you decide to do either invoice factoring or take out a merchant cash advance, you should understand some key differences. 

The following is a comparison of these two types of financing to help clarify matters. Read more

How Does Invoice Factoring Affect Your Customers?


How Does Invoice Factoring Affect Your Customers?If you’re looking into financing solutions for your business, you may be considering invoice factoring, a process that lets you collect payment on invoices immediately, so you don’t have to wait for clients to pay. Factoring has been around for quite a while but there’s still a shroud of mystery surrounding it, at least for those who haven’t researched it. One area of concern that some businesses have involves the way invoice factoring affects customers. Let’s explore some common concerns so you understand the process a little better. Read more

Protect Your Small Business Against Coronavirus


Corona Virus BlogThe coronavirus (COVID-19) has quickly become a major concern for people all over the world. While people are understandably concerned about their health, the virus is also having a serious impact on the economy. The stock market has recently taken quite a hit. Both large and small business owners should be prepared for the effects it can have on their business and industry.  

Let’s look at some tips to help protect you from this health challenge as we all hope that it’s soon under control. Read more

Tired of Late Payments? 4 Tips to Get Paid on Time


Tired of Late Payments? 4 Tips to Get Paid on TimeFor a business that depends on invoice payments rather than cash purchases, late customer payment can be anything from an annoyance to a disaster. According to some estimates, as many as 60 percent of invoice payments are late. When you have regular expenses such as payroll to meet, this can cause serious problems for your cash flow situation. The following are some tips to protect yourself from late invoice payments and enjoy better cash flow.
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