If you’d like to use the Section 179 deduction to buy business equipment, make sure you understand the latest rules. Here are the key changes for 2021.
READ THE STORY
RECENT
What Equipment Qualifies for the Section 179 Deduction?
The Section 179 tax deduction offers business owners with an exciting opportunity to save substantially on their tax bill. Find out what is considered Section 179 qualifying property.
READ THE STORY
Bonus Depreciation vs. Section 179: What’s the Difference?
The difference between Section 179 and bonus depreciation may seem subtle, but understanding the key details will help you get the largest tax break.
READ THE STORYCommercial truck insurance companies provide liability coverage for various risks, including client contract disputes, employee injuries, theft, fire, physical damage, and product liabilities. However, there are still many misconceptions about what auto insurance cover. That may be why more than 29% of small businesses in the US don’t carry any small business insurance. Ignoring commercial… Read more »
READ THE STORY
What Is Revolving Utilization?
What is revolving utilization? Here’s a look at this important part of your credit score, including the best ways to improve yours.
READ THE STORY
How Long Does It Take To Build Business Credit?
Building business credit is crucial for small businesses as it enhances their ability to secure financing opportunities and improves financial stability. A strong credit profile can lead to better interest rates, higher credit limits, and more favorable terms from lenders and suppliers. This financial flexibility supports business growth and operational stability. However, business owners often… Read more »
READ THE STORYFood trucks have become a popular and affordable way to break into the food industry. Although cheaper than opening a restaurant, the initial costs of the truck, cooking equipment, and permits can all add up. Financing these costs can ease this pain with benefits like lower upfront costs, better cash flow, and potential tax deductions.… Read more »
READ THE STORY
How to Finance Heavy Equipment for Small Businesses
As a small business owner, your dream of expanding, innovating, and running your operations efficiently lies in one critical factor: acquiring the right equipment. Whether you’re a startup or an established company, acquiring heavy machinery, up-to-date technology, or specialized tools is essential. How Does Heavy Equipment Financing Work? When you need to acquire equipment for… Read more »
READ THE STORY
What Is Revolving Utilization?
What is revolving utilization? Here’s a look at this important part of your credit score, including the best ways to improve yours.
READ THE STORYWomen are starting businesses in greater numbers than ever before. These five organizations offer resources for women in business to help them succeed.
READ THE STORY
10 Grants for Women-Owned Small Businesses
Imagine getting the money your business needs with no strings attached. Grants are funds provided by governments or organizations. Unlike loans, grants don’t come with the expectation of being paid back. Grants can offer much more than just free money – they offer mentorship, education, and a meaningful stride toward dismantling gender inequality in entrepreneurship.… Read more »
READ THE STORY
How to Write A Business Plan for A Small Business
Writing a business plan is important in guiding small businesses toward success. Research indicates that entrepreneurs who create formal business plans are 16% more likely to achieve viability than their counterparts who don’t. It’s a common myth that business plans are only for startups. In reality, these plans are also valuable for established businesses, aiding… Read more »
READ THE STORYThe Section 179 tax deduction offers business owners with an exciting opportunity to save substantially on their tax bill. Find out what is considered Section 179 qualifying property.
READ THE STORY
Bonus Depreciation vs. Section 179: What’s the Difference?
The difference between Section 179 and bonus depreciation may seem subtle, but understanding the key details will help you get the largest tax break.
READ THE STORY
A Guide to the Section 179 Deduction
If you’d like to use the Section 179 deduction to buy business equipment, make sure you understand the latest rules. Here are the key changes for 2021.
READ THE STORYFINANCIAL HEALTH
LOANS & LENDING
PLANNING FOR GROWTH
TAXES & REGULATIONS
