Paying taxes may be the last thing on your mind as a new small business owner. After all, you need to order stock, market your business, hire employees, serve customers, and so much more. As much as we understand your position here at Juvo Business Advisors, the Internal Revenue Service (IRS) won’t let you off so easy. You will need to file a tax return…
Now that we can count what remains of 2020 in days and not weeks or months, it may have just dawned on you that you will need to pull together many business reports and forms to file your company’s federal and state tax returns. What exactly do you need? We hope the information below will be helpful. Get Your Most Important Small Business Financial Reports…
On October 30, 2020, the Federal Reserve Board announced changes to the Main Street Lending Program to benefit a wider range of people. Previously reserved for larger businesses and government organizations struggling financially due to COVID-19, the Main Street Lending Program now offers federal loans to non-profits and smaller businesses as well. This is just one of several changes the Federal Reserve made to the…
Like many small business owners, you may occasionally find yourself short on working capital and in need of a business loan. If so, the time to start preparing to apply for a business loan is before you begin researching lenders. Preparation starts by reviewing a copy of both your personal and business credit files. Know Your Credit Score Experian, Equifax, and TransUnion, the three major…
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