Category: Business Credit

You have big goals for your company in 2022. Growth, higher profits, and a better online presence might be at the top of your list. However, if building your business credit isn’t part of your plan, you may be overlooking an important milestone. Your business’ credit can play a significant role in the long-term success of your company. If you’ve ignored this fact for a while, you’re not alone. Business owners are notoriously busy. Building positive business credit is one… Read More

An S corporation and a C corporation are two types of business entities. Legally, they’re both considered corporations, but there are several key differences when it comes to ownership, taxes and costs.  Most entrepreneurs who choose an S corporations do so for tax purposes. We’ll compare what these two types of business entities, the similarities and key differences of an S corps vs. a C corp, and the advantages and disadvantages of each. What Is a Corporation? A corporation is… Read More

Small business owners carry a lot of responsibility on their shoulders. If your business has employees, payroll is one of your most important financial obligations. One of the important payroll taxes you may need to pay is FUTA tax.  In this guide, we break down what FUTA means, when your business must pay it and tips to make sure it’s done properly. This information is provided for educational purposes only. Tax laws can and do change. Please consult a tax… Read More

As a small business owner, you are responsible for organizing, filing, and paying your taxes. If you own a partnership or LLC, you must complete an IRS Form 1065. Also known as the U.S. Return of Partnership, IRS Form 1065 is how you’ll report your business finances to the IRS.  Regardless of if you’re a new small business owner or have owned a small business for years, the IRS Form 1065 can be tricky to understand. The good news is… Read More

A self-directed individual retirement account, or SDIRA for short, is a retirement investment vehicle that allows you to save for the future in a tax-advantaged way. Like a regular IRA, you can choose a Traditional or Roth approach, depending on your income level and when you whether you want to pay taxes on your contributions or distributions. But regular IRAs typically restrict you to investing in stocks, bonds, mutual funds and similar securities. If you want to put your retirement… Read More

In a perfect world, every tenant would meet your criteria. They’d have a stable job, be able to afford your rent, a history of making timely payments, and a clean criminal record. Unfortunately, this is not the case. There are many tenants out there that can make your life as a landlord, property manager, or real estate agent difficult.  The good news is that you can avoid bad tenants by investing in tenant screening services. To make your life easier,… Read More