Chargebacks can potentially turn the convenience of card-based transactions into an expensive hassle. If chargebacks having been eating into your profits, you’ll want to find a cost-effective solution that’s suited to your transaction volume and budget. Luckily, solutions are available at scale.
Small Business Blog Posts
Education Tax Deduction For Businesses: What The New Stimulus Packages Means For Your Tax Deductions
In addition to these loans and grants, the government stimulus packages have also provided help through tax credits and deductions. These credits and deductions help cut tax liabilities and allow business owners to keep money in their businesses (and their pockets).
Catch up on the latest small business news, from a $50 billion government aid bill to how small businesses are making it through the pandemic.
Welcome to another week of Merchant Maverick’s essential news roundup for small business owners. This week, reports showed hope for economic recovery in the US while new information shined a light on where workers went and how their work habits changed in 2020. Read on through for this week’s top five must-know stories for small […]
While many of the same qualifications apply to sole proprietors and self-employed as larger businesses, there are specific provisions for individuals who are the entirety of their company and do not compensate themselves through payroll.
The raw data for Merchant Maverick’s “Top States For Black Women-Owned Businesses in 2021” report.
Where do Black female business owners thrive? Which states offer the best opportunities for engagement and support of Black women who own small businesses or startups? Find out the top 10 states for businesses owned by Black women in Merchant Maverick’s detailed data report.
Tax season will begin on February 12 this year — instead of late January as usual — as the IRS will begin accepting returns then. The federal filing deadline is still set for April 15, however. The IRS said that the delayed start is so that the agency can “update and test its systems to reflect late-year tax changes approved by Congress.”
This week, the FTC warned small businesses to be wary of scams. Meanwhile, the PPP relaunched and sent aid to roughly 60,000 struggling businesses. Read about these stories and more in our news roundup for the week of January 22nd, 2021.
One form of relief offered to small businesses is the Employee Retention Tax Credit. First introduced in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, this tax credit could be claimed by eligible employers on quarterly tax returns. This program was expanded by the Consolidated Appropriations Act signed into law in December 2020, making the credit accessible to more employers.