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Financial News
“Bookkeeping for Dummies” states that without bookkeeping, it’s impossible to measure the true success or failure of your business dealings. You won’t know that your $2,000 per-month magazine ad campaign isn’t worth the investment. You’ll have no idea why you barely have enough money to operate your business, and you won’t know where the money...
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Dealing with taxes is a fact of life for small business owners. Annual expenditures for taxes for most owners are likely their largest outlay each year, exceeding rent or mortgage payments, marketing costs, and vehicle expenses (the only possible larger expenditure is payroll). Beyond payments to the government for all of the taxes you pay—income...
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Finding out that you owe taxes can be a bit unnerving, especially if you owe more than what you expected. Don’t worry — it is not the end of the world if you’ve gone through the numbers and you’re left with a tax bill. Here are a few steps to take: Get Ahead of It You...
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Tax season is approaching. But for many businesses, managing taxes can be a yearlong undertaking. In fact, there are many different types of deadlines you should be aware of throughout the year. 2019 Tax Calendar Here are the most important tax dates for businesses to know in 2019. 1099 Mailing Deadline, January 31 If your business works...
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P is for practical. Hotly anticipating your tax refund? Before you splurge on that Jacuzzi you’ve always wanted or pile items into your virtual shopping cart, do yourself a favor: Hit pause, and consider finding a practical use for your money. What’s practical, of course, is relative to your circumstance, but mull over these ways to...
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The Internal Revenue Service (IRS) has announced the annual inflation adjustments for more than 60 tax provisions for the year 2019, including tax rate schedules, tax tables and cost-of-living adjustments. These are the numbers for the tax year 2019 beginning January 1, 2019. They are not the numbers and tables that you’ll use to prepare your 2018 tax returns in...
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  The best use of your tax refund is in the market. As tax season 2018 nears an end, tax refunds are arriving in millions of mailboxes and bank accounts. Most filers receive their refund within 21 days of filing, according to the IRS, and the average refund, as of March 9, was just over $3,000. “When...
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FLINT TWP, MI – Officials in Flint Township are hoping the creation of three new authorities will spur businesses to build or relocate within the boundaries of Genesee County’s second-largest community. Township board members recently approved the forming of a Downtown Development Authority and the Beecher Road and Bristol Road Corridor Improvement authorities to try and spark additional development. Establishment of...
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MUNDY TOWNSHIP, MI – A groundbreaking date has been set for work to begin on a new $16 million, four-story Hyatt Place hotel project along US-23 in Mundy Township. The 106-room facility will be located at 5481 Hill 23 Road and feature a business center, indoor pool, fitness room, bar/lounge, outdoor patio with fire pit,...
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FLINT, MI – Ideas on how to push Flint’s economy into the future are taking shape within walls of a nearly 100-year-old building in the city’s downtown area. Among those looking to aid in the effort are 39 new businesses set to fill up office space in the seven-floor Ferris Wheel building, which reopened in...
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