What is section 179 of the tax code? If you own a business that needs to buy equipment, then you really should know what Section 179 of the tax code is and how you can use it to your advantage. Section 179 is a very straightforward tax incentive for small … Read More
In turbulent times like these, even strong, stable businesses can experience credit challenges that make it harder for them to get the equipment they need. As lenders tighten their belts, restrict lending to some types of businesses, and reduce the range of acceptable credit ratings, reasonable lending options can be … Read More
On Friday, March 27, the CARES Act was signed into law providing $349 billion in small business stimulus funding by way of the Paycheck Protection Program (PPP) with a goal of preventing business failures and job loss resulting from the COVID-19 crisis. The CARES Act also expanded the Economic Injury … Read More
It was just 2 ? weeks ago that the Coronavirus started to make news in the US. Now the enormity of the health crisis facing our country and the effect it is having on our economy has become apparent. This was impossible to predict and difficult to plan for. Small … Read More
A capital improvement plan (CIP) is a dynamic community planning and fiscal management tool used to coordinate the location, timing, and financing of capital improvements over a multi-year period. However, many expenditures are not part of the CIP. It is important to distinguish between a capital project to be included … Read More
For many consumers, the purchase of a medium to big-ticket item can be challenging to afford all at once. A lease is an appealing alternative for customers who are looking to pay over time for a product. Leases offer lower interest rates than most credit cards, and cover purchases for … Read More