Nowadays, everything is online. From reviews to social media to shopping, it’s no secret that the online world is taking over. In fact, U.S. e-commerce grew by 44% in 2020. With the online market growing bigger every day, you may be thinking, It’s time to start accepting payments online for my business. If you’re in […]
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Can a Business Refuse Cash from Customers?
In this day and age, people are pushing cash to the side and paying with plastic. But just because plastic is dominating does not mean cash is obsolete. Many people still prefer to pay with cash. And in some cases, it can be easier to deal with cash than cards. But, can a business refuse […]
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EFT Payments: What to Know About Sending and Receiving
You constantly make payments to contractors, suppliers, vendors, and employees (if you have ‘em). It’s what you do as a business owner. Wouldn’t it be nice to skip cash and checks? Instead of using paper to pay people, you can make EFT payments.
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What Is Earned Income?
When you own or work for a business, you receive earned income. But, not all income is earned income. Both business owners and employees should understand what is earned income to determine tax liability and tax credit eligibility.
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Post-holiday Sales: 7 Tips for Giving Them a Boost
For many businesses, the hustle and bustle of holiday shopping has come to a close. You’ve probably noticed a decrease in customer sales and an increase in returns and exchanges. But fear not. This just means that it’s time to give your post-holiday sales some love.
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