Blog

calculating Trade Credit Discount
August 09, 2019
Fact or Myth? Can You Afford NOT to Use the Trade Credit Discount?

Trade credit is a great B2B business deal to finance growth. Learn more about a trade credit discount and if it's something you actually need for your business.

small business not worried about health savings as HRA covers taxes
August 01, 2019
Benefits: HRAs for Small Businesses

Navigating the tax scene can be confusing for small business owners with all the changes in health insurance. How can you know what is right for your business?

single-person LLC
August 01, 2019
Single Member LLC and Profit Distribution

The tax election that the company makes with the IRS defines how you take profits out of an LLC. The benefits distributed are not salaries. Instead, the salary paid to reimburse an individual for helping the company is deducted from the business revenue. Then, the remaining amount is your profit.

S-Corp office space
July 30, 2019
The Best Ways to Get Money out of an S-Corp

S-Corporations are the most common forms of small businesses organization today. This is because they can avoid double taxation of standard corporations and reduce the taxable amount from their earnings. Keep reading for the best ways to get money out of your S-Corp. 

Small Business Line of Credit. Small business owners going to a bank for a line of credit.
July 24, 2019
Could a Small Business Line of Credit Help You?

As a small business owner, especially in certain industries like construction or real estate, you know unexpected financial setbacks can happen at any time. A business line of credit could be the emergency plan you have been looking for.