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Fed Raises Interest Rates by 0.75% Point for Third Straight Meeting

The Federal Reserve approved a third-consecutive 0.75 percentage point rise Wednesday. Chairman Jerome Powell said he anticipates that interest-rate increases will continue as the Fed fights high inflation. 

Preparing your small business for recession.

In June 2022, the annual inflation rate in the United States hit a 40-year high of 9.1%. The United States' gross domestic product contracted at an annual pace of 1.6% in the first quarter of 2022 and at an annual rate of 0.9% in the second. In addition, the Federal...

Understanding RnD Tax Program and how SMBs can qualify for tax credits.

Determine whether research and development tax credits are appropriate for your company.  Qualified enterprises are able to deduct the cost of qualifying research and innovation from their taxable revenue thanks to R&D tax credits.  Small enterprises can use the...

What are the most commonly asked questions about Employee Retention Credits?

Numerous changes in company operations were brought about by the coronavirus epidemic, which also prompted legislation that altered the tax code and the business credit system. The "Consolidated Appropriations Act, 2021" ("CAA") is one of those laws and it provided a...

There Is Still a Window of Opportunity to Benefit from the Employee Retention Tax Credit

There Is Still a Window of Opportunity to Benefit from the Employee Retention Tax Credit IT COULD BE AS MUCH AS $5,000 PER EMPLOYEE FOR THE YEAR 2020, AND IN 2021 IT COULD BE AS MUCH AS $7,000 PER EMPLOYEE PER QUARTER. 17th of August, 2022 At this point, nobody knows...

The Inflation Rate in the United States is on a 41 year high. What does it mean to you?

The inflation rate rose from 2.5% in January to 3.4% in February. What does this mean for consumers?   The U.S. economy has been growing steadily since the Great Recession ended in 2009. However, inflation is on the rise. How much will prices increase by 2022?   The...

Personal finance tips for small business owners

Small business entrepreneurs have their job cut out for them when it comes to finances: not only do they have to handle their company's finances, but they also have to manage their personal accounts.  And, because personal and professional commitments don't always...

Ways for Small business owners to revamp their COVID-impacted business

People become more enterprising when times are difficult. True, in the United States, recessions are usually accompanied by an upsurge in entrepreneurial activity. Even yet, last year was unique. People responded by creating small enterprises in droves when COVID-19...

How to start your own business in 2022

Considering starting a business? Here are some crucial startup guidelines that will assist you in making your business a success.  What are the steps to starting a business? There are thousands of websites with checklists to help you remember the numerous chores you...

How has COVID impacted the Construction industry in the US

The COVID-19 epidemic has wreaked havoc on the construction industry, which is very susceptible to economic cycles. On the plus side, because of its ability to generate employment, construction has a lot of potential to drive recovery; in turn, recovery measures may...
Ways for Small business owners to revamp their COVID-impacted business

Ways for Small business owners to revamp their COVID-impacted business

People become more enterprising when times are difficult. True, in the United States, recessions are usually accompanied by an upsurge in entrepreneurial activity. Even yet, last year was unique. People responded by creating small enterprises in droves when COVID-19...

How has COVID impacted the Construction industry in the US

How has COVID impacted the Construction industry in the US

The COVID-19 epidemic has wreaked havoc on the construction industry, which is very susceptible to economic cycles. On the plus side, because of its ability to generate employment, construction has a lot of potential to drive recovery; in turn, recovery measures may...

How has COVID impacted the Healthcare sector in the US

How has COVID impacted the Healthcare sector in the US

As the nation's companies reopen, the economic effects of the early epidemic have begun to rebalance. At the start of COVID-19 in the spring of 2020, the health industry, like the rest of the economy, witnessed a dramatic reduction in revenues and employment. As...

COVID Impact on Manufacturing and Supply chain

COVID Impact on Manufacturing and Supply chain

COVID-19, a pandemic disease produced by a newly discovered coronavirus, has brought lives and routines to a halt as we try to halt the disease's global spread. The magnitude of the disruption has had an impact on business, and manufacturing is no exception. Indeed,...

How has COVID impacted the Real Estate industry

How has COVID impacted the Real Estate industry

In just one year, the Covid-19 coronavirus pandemic has surely affected the lives of billions of people all over the world. Even with the introduction of vaccines, health professionals remain wary in what appears to be a never-ending process, especially since certain...

Impact of COVID: Fitness and Gyms

Impact of COVID: Fitness and Gyms

At the start of Covid-19, the fitness industry, notably brick-and-mortar gyms, was among the most impacted. Because gyms and fitness studios are high-touch enterprises, they were the first to be compelled to close in the United States due to the fear of Coronavirus...

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