Should You Charge Late Fees? QuickBooks Can Help
Business Owners: Do you have a lot of aging receivables? Assessing finance charges can speed up customer payments.
Your Business: Minimum-Wage Laws in the Spotlight
State labor laws vary widely but affected small businesses may face challenges as minimum wage increases take effect over the next few years. Eight states (plus the District of Columbia) have passed legislation to raise the minimum wage in steps to $15.
Restaurant Revitalization Fund: Tax-Free Grants for Restaurants
It’s no surprise that the coronavirus pandemic significantly hurt the restaurant and hospitality business sector. The Restaurant Revitalization Fund—part of the American Rescue Plan Act—is designed to help eligible businesses keep their doors open.
Our Three Cents — Exit Planning Options
In this episode of “Our Three Cents – Exit Planning Strategies” podcast, hosts Troy Harmon, CFA, CVA, Nick Antonucci, CVA, CEPA, and K.C. Smith, CFP®, CEPA, provide an overview of the options a business owner has available when exiting a business. Business owners have a variety of options from passing the business along to family members to selling to a private equity firm to liquidating and closing the business.
Your QuickBooks Company File Is the Key to The Kingdom! Keep It Safe from Fraud
It would be impossible to reconstruct your QuickBooks file from scratch, and you can’t afford to have a hacker steal any of your funds.
SBA Raises Loan Limit For COVID-19 EIDL Loans to $500,000
The U.S. Small Business Administration (SBA) is expanding loan opportunities so that nonprofits and small businesses will be able to borrow up to $500,000 for up to 24 months.
Can I Write Off My Business Start-Up Expenses?
New business owners, especially those operating small businesses, may be helped by a tax provision allowing them to deduct up to $5,000 of the start-up expenses and $5,000 of organizational costs in the first year of the business’s operation.
Working from Home? Is there a Tax Deduction?
It’s been a year, and we’re still working from home! Thanks coronavirus. Can I qualify for a special tax deduction for using my home as a workplace?
Our Three Cents – Exit Planning Strategies — Premiere Episode
The introduction to our newest podcast, “Our Three Cents – Exit Planning Strategies” where our Experts introduce themselves and their experience when it comes to business exit planning. The show is hosted by Troy Harmon, CFA, CVA, who is a former business owner and Certified Valuation Analyst. As Henssler Financial’s Chief Investment Officer, he spends…
5 Tips for Operating a Successful Gaming Business
If your teens or grandchildren talk about becoming a famous gamer on YouTube, you may think their dreams of playing video games is ridiculous. However, their passion for playing can become a real business.