Small Business News – TOP DAILY NEWS

Apr302024 by adminNo Comments

Internal Revenue Service Warns Small Businesses of COVID Tax Credit Scam

Business

Released: Apr 17, 2024 by Shawn Hessinger In Small Business News 1If a telemarketer informs you, the Internal Revenue Service owes your small company thousands. Beware! You might discover it too great to be real.The IRS states business call small companies informing them to make an application for something called the Employee Retention Tax Credit."Scammers and unethical promoters continue to run aggressive broadcast marketing, direct-mail advertising solicitations and online promos for the credit," the IRS cautioned in a memo in 2015. "Many of these advertisements extremely misrepresent and overemphasize who can get approved for the ERC, which is often likewise called ERTC or the Employee Retention Tax Credit."Obviously, the Employee Retention Tax Credit actually exists. The federal gover...

California’s $20 Minimum Wage Set to Increase Fast Food Prices

Business

Released: Apr 7, 2024 by Gabrielle Pickard-Whitehead In Small Business News 1Many fast-food employees in California will now be paid a minimum of $20 an hour due to a brand-new law that entered into impact on April 1.It is focused on offering higher monetary security to workers in the traditionally low paid junk food market. Cautions have actually been made that the relocation will increase the expense of quick food in a state that is currently understood for high living expenses.The legislation was passed in 2023 by Democrats in a quote to acknowledge the low pay in the snack bar trade, of which more than 500,000 individuals are used in throughout California. The law uses to dining establishments providing restricted or no table service and which become part of a nationwide chain with a m...

Why You Need a Business Contingency Plan Now

Business

Released: Dec 25, 2023 by Small Business Radio Show In Small Business News 0For leisure, I check out apocalyptic fiction books. I am uncertain why however possibly it's the "prepper" in me. The present series I am reading states "No strategy endures contact with the opponent." This traditionally originates from the German field marshal, referred to as Moltke the Elder, who thought in establishing a series of alternatives for fight rather of a single strategy was important. He stated, "No strategy of operations extends with certainty beyond the very first encounter with the opponent's primary strength."In a small company, what occurs when Plan A does not exercise? What occurs if you do not have a contingency for Plan B, C, or D?On The Small Business Radio Show today, I discussed this with M...