Small Business News & Updates
*Note: Each article below has a link (Read More Button), to a PDF document with the complete article. TAX NEWS UNEXPECTED TAX SURPRISES No one likes to receive unexpected notices or communications from the IRS. Read more to discover some tax situations you might encounter and what you should do in each of them. Read […]
What Outlook Can Small Business Owners Expect For 2024?
As we approach 2024, the business landscape continues to evolve at an unprecedented pace. For small businesses, staying informed and adaptable is more critical than ever. On the one side, the US economy is growing, which creates opportunities. At the same time business owners will face numerous challenges. These include rising inflation, supply chain disruptions, […]
HAPPY SMALL BUSINESS MONTH
Small Business Month is celebrated in May every year and is a special tribute to celebrate small businesses, their courage, community efforts, and hard work for an entire month! Did you know that small businesses are the backbone of the United States? Yes, according to a 2020 study by the U.S. Small Business Administration (S.B.A.), […]
UPDATES ON SMALL BUSINESS AMERICA TODAY
Small Business America What you need to know about small business in America including the latest data on job creation, business starts, and more. In terms of their impact on the economy, small businesses aren’t actually that small. Small businesses is generally defined by the U.S. Small Business Association (SBA) as independent businesses having fewer […]
Biden-Harris Administration’s Student Debt Relief Plan
THE BIDEN-HARRIS ADMINISTRATION’S STUDENT DEBT RELIEF PLAN EXPLAINED. What the program means for students, and what comes next. President Biden, Vice President Harris, and the U.S. Department of Education have announced a three-part plan to help working and middle-class federal student loan borrowers transition back to regular payment as pandemic-related support expires. This plan includes […]
WHAT EVERY EMPLOYEE NEEDS TO KNOW ABOUT 401(K) SAVINGS
Are you familiar with 401(k) retirement funds? More and more employers are offering 401(k) plans as an employee benefit, and if you have the option and are not currently taking advantage of it, it may be time to rethink your savings strategy. Not only do these popular plans offer the advantage of using pre-tax […]
The 2022 IRS Interest Rate Hike Will Go Live April 1st
If you are required to pay quarterly estimated income tax, an upcoming change in interest rates being imposed by the IRS may have a direct impact on you. Effective April 1st, 2022, corporations and self-employed filers who submit quarterly estimated taxes will see a hike in the interest rates that the agency charges for both […]
HAPPY BIRTHDAY SUCCENTRIX!
Just 7 years ago today, Succentrix was introduced to the world. Since then, Succentrix has quickly moved to become the leading full service cloud-based accounting franchise firm in the U.S. With office locations from WY to FL, Succentrix continues to help the small business community thrive. I am extremely proud of each of […]
IMPORTANT ENHANCEMENTS TO THE EARNED INCOME TAX CREDIT FOR 2021
The earned income tax credit (EITC) is regarded as one of the government’s largest antipoverty programs and helps millions of American families every year. You are urged to check to see if you qualify for this very beneficial refundable credit. Significant enhancements have been added (some only for 2021), and even if you have not […]
JETPACK! – BIG NEWS FOR SUCCENTRIX OWNERS!
We’re excited to announce a new, exclusive partnership for the Succentrix Business Advisors owners; we’ve partnered with Jetpack Workflow, the leading workflow software for accounting firms, to be the exclusive workflow tool for all our SBA firms! As a Succentrix Franchisee, you and your team will have access to a customized library of workflow and […]