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Homebuyer Credit Closing Deadline Extended

Good news! Eligible taxpayers who contracted to buy a home, qualifying for the first-time homebuyer credit, before the end of April now have until Sept. 30, 2010 to close the deal. The Homebuyer Assistance and Improvement Act of 2010, signed by the President in July, extended the closing deadline from June 30 to Sept. 30 [...]

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Paying Off Debt the Smart Way

Being in debt isn’t necessarily a terrible thing. Between mortgages, car loans, credit cards, and student loans – most people are in debt. Being debt-free is a great goal, but you should focus on the management of debt, not just getting rid of it. It’s likely to be there for most of your life – [...]

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Cash Flow: The Pulse of Your Business

Unfortunately, many small business owners do not fully understand their cash flow statement. This is shocking, given that all businesses essentially run on cash, and cash flow is the lifeblood of your business. Some business experts even say that a healthy cash flow is more important than your business’s ability to deliver its goods and [...]

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Credit Reports: What You Should Know

How do lenders determine who is approved for a credit card, mortgage, or car loan? Why are some individuals flooded with credit card offers while others get turned down routinely? Because creditors keep their evaluation standards secret, it is difficult to know just how to improve your credit rating. It is important, however, to understand [...]

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Banish Security Fears: Use QuickBooks’ Protection Tools

If there’s one application that you don’t want compromised by a security breach, it’s the one that contains all of your financial information. Recognizing that, Intuit has built a number of security features into QuickBooks that are designed to safeguard your debits and credits. Tip: QuickBooks integrates with Microsoft Internet Explorer for some of its [...]

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What the IRS wants you to know about starting a business. . .

Source: http://www.irs.gov/businesses/small/article/0,,id=99336,00.html Listed below are links to basic federal tax information for people who are starting a business, as well as information to assist in making basic business decisions. The list should not be construed as all-inclusive. Other steps may be appropriate for your specific type of business. Information about specific industries can be found [...]

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Intuit is awarding small business grants worth $70,000

Intuit is letting communities vote to decide who deserves some love – in the form of small business grants. Anyone, including business owners, can vote by sharing a brief comment about why they love a local business. To vote for us:  Send a text to: 244326 Message:  MYCPB VOTE I love mycpb because I [...]

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DOL Issues Fact Sheet on Requirement to Provide Break Time for Nursing Mothers

The U.S. Department of Labor’s Wage and Hour Division (WHD) has issued a fact sheet on the provision in the Patient Protection and Affordability Act (Health Care Act, P.L. 111-148) that requires employers covered by the Fair Labor Standards Act (FLSA) to provide an employee with reasonable break time to express breast milk for her [...]

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Thumbnail image for House Bill Would Repeal Unpopular Information Reporting Changes

House Bill Would Repeal Unpopular Information Reporting Changes

On July 30, a bill to repeal a controversial section of the Patient Protection and Affordable Care Act (Health Care Act P.L. 111-148) was taken up by the House of Representatives. Under Sec. 9006 of the Health Care Act, for payments made after Dec. 31, 2011: (1) businesses that pay any amount greater than $600 [...]

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Use Accounting Ratios to Stave Off Financial Problems

Does the mere mention of accounting ratios put your teeth on edge and bring back bad memories of Accounting 101? It shouldn’t as ratios can help you quickly determine how your business compares against others. Banks often use ratios to analyze your financial statements as part of a loan approval process, so it’s helpful to [...]

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