In most circumstances, an entrepreneur should not use a credit card instead of a loan to fund a startup and its expenses because the drawbacks of using a credit card usually outweigh a credit card’s benefits.
Gas prices are high. Food costs are rising. Everything is going up and it's all due to inflation. While the war in Ukraine was the catalyst for prices to go soaring, the domino effect only seems to get worse. Experts have concluded that the increases in prices will only continue to go up.
Digital payments using an app is how many people do business today. At the start of the new year, the IRS instituted a change in order to collect taxes on those platforms.
Amid tax season and the IRS new requirement for individuals and small business owners, Donald Williams is offering BLACK ENTERPRISE readers free advice.
Tax professionals and their clients are dealing with extra challenges this tax season from tax breaks that ended last year and haven’t yet been extended, including the enhanced Child Tax Credit.