The 27th of this month is dedicated to celebrate the Small and Medium enterprises around the country. According to the U.S. Small Business Administration Office of Advocacy there are 33.3 million small businesses in the USA. So this month we created this blog for all those entrepreneurs or people considering it, with 3 resources that could help their businesses grow.
During the lifetime of your business, you might look for funding options for starting up, growing or funding changes for your business. The first option that comes to mind could be the banking entities but there are many more options you could consider approaching for keeping in growth your project.
Last week the tax season ended, and maybe you forgot or ran out of time to submit the paperwork. The IRS recommends submitting your files as soon as possible to dismiss or reduce the possible penalties. They may apply if you didn’t:
After spending days and a lot of calculations you finally finished your paperwork, only to get weeks later a correction notification or penalty and you don’t know what went wrong. Don’t fall into these mistakes while preparing the tax paperwork:
According to statistics provided by the U.S. Small Business Administration Office of Advocacy (2024), 80% of the small businesses in the country have no employees. This means that almost all of the entrepreneurs work alone on their new business.
Tax season is here, and with it comes some stress about doing the calculations, submitting paperworks and searching for invoices all around your business. Planning ahead can help you doing an accurate return calmly and with less chaos, try out this year the following steps:
According to the National Retail Federation studies in last year sales during Black Friday Weekend, almost $54.2 billion were spent on retail and online sales. Many shoppers prepare weeks or months prior to Black Friday Weekend researching and looking for the best deals, but do they know which taxes they are expected to pay depending if their purchases were done in a store or through online stores?
Most bets are made casually and in an informal mood between friends and family, mainly paid in cash. This extra income could be useful for a snack, some extra clothes or paying bills. Does that exempt them from being taxable? What if it isn’t that much money? Lets dive into it on this month’s blog.
Congratulations on starting the journey of starting a business. One of the first steps to formalize your venture is registering with the IRS as a business entity.
The Internal Revenue Service offers many schemes or categories under which you can register a business depending on their structure. There are differences on the legal and tax rights and obligations.
Find out the key features that identify each one of the business structures.
99.9% of businesses in the country fall onto the category of SMEs. They are the main source of new jobs, but it requires great teams and leadership to open a new shop and keeping it open.
According to data collected by the Bureau of Labor Statistics, 20% of the new businesses close in their first year. The reasons may vary between industries and cities, but all of them have a thing in common they should care about: Administration of resources.
We share with you some elements related to bookkeeping that should be looked at if you are an entrepreneur or if you are thinking about becoming one.











