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Commonly Overlooked Expenses of Starting a Small Business
Starting a small business is a rewarding experience, but it’s important to be aware of some of the lesser thought-about costs that typically accompany such an endeavor. While there will always be industry-specific costs to be knowledgeable of, below are some of the...
The Top Challenges Facing Small Businesses in 2023
Small businesses provide job creation and contribute to the growth of local communities. They are the backbone of any economy, but running a small business is no easy task. Below we’ll discuss the variety of challenges that small businesses are facing in 2023....
From Loans to Debts: How Rising Interest Rates Affect Your Personal Finances
Interest rates impact nearly every corner of the economy, from the housing market to consumer spending. When interest rates rise, the effects are widespread, impacting personal finances as well. Below we’ll explore how rising interest rates might affect your personal...
How to Avoid the IRA Early Withdrawal Penalty
Although the function of a traditional IRA is to save money for your retirement years, you may need to access those funds earlier than planned. If you withdraw from an IRA before age 59 ½, you could face an early-withdrawal penalty. However, there are some exceptions that will exempt you from the penalty.
Small Businesses Should Avoid These Common Tax Mistakes
For small business owners, grasping an understanding of the myriad of tax rules that apply to your business is stressful, and mistakes can result in fines and penalties.
