• Business Accounting

    IRS issues accounting-method change procedures for small businesses

    Under guidance in Rev. Proc. 2022-9 issued Thursday, taxpayers may obtain the IRS’s automatic consent to change their tax accounting methods to comply with final regulations relating to simpler tax accounting methods available to smaller businesses. Those final regulations, issued early in 2021 (T.D. 9942), implemented changes made by the law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, that generally exempt from more complex requirements businesses with average annual gross receipts of no more than $25 million (adjusted for inflation to $26 million for 2021). The final regulations apply to tax years beginning on or after  

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  • Business Management

    FACT SHEET: Biden-Harris Administration Announces Reforms to Increase Equity and Level the Playing Field for Underserved Small Business Owners

    The federal government is the largest purchaser of goods and services in the world, buying everything from software and building construction to financial and asset management—making its procurement a powerful tool to advance equity and build wealth in underserved communities. Despite this, less than 10 percent of federal agencies’ total eligible contracting dollars typically go to small disadvantaged businesses (SDB), a category under federal law for which Black-owned, Latino-owned, and other minority-owned businesses are presumed to qualify. Moreover, while women own roughly 20 percent of all small businesses economy-wide, less than 5 percent of federal contracting dollars go to women-owned  

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  • Business Marketing

    Marketing 101: marketing basics for small business owners

    It’s an exciting time. You’ve just launched your new business—you’ve created the perfect products and services, built your website, and worked out how you’re going to serve your customers with the help of the best CRM software. But, you still have a few questions: How do you get your message out there? How do you attract people to your website? How do you get them to buy? It’s all about small business marketing. In this “Marketing 101” guide, we’ll walk you through these key areas: Understanding why you need to market your website and business Figuring out the main marketing  

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  • Business Marketing

    Small Business Marketing Software Market: Key Growth Factors and Opportunity Analysis by 2027

    AMR Logo The global small business marketing software market is expected to witness high growth during the forecast period. PORTLAND, PORTLAND, OR, UNITED STATE, December 3, 2021 /EINPresswire.com/ — Rising awareness towards the importance of marketing, adoption of cloud technologies, increasing demand for digitalization in the business are some of the major key driving factors for the growth of the business. In addition to this, enhanced productivity, better lead generation, improved customer experience, also helps to reduce risk associated with campaign creation are also some of the factors which fuel the small business marketing software market growth. However,  

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  • Financial Analysis

    Dec 9 | Dashboards and Financial Analysis for Small Businesses

    Event listing from All Bright Community Center: Thursday, December 9 from 5:30 PM to 7:00 PM Are you overwhelmed with financial statements? Would you prefer to focus on critical information? Financial dashboards centralize key performance indicators to help you stay on top of your financial performance. This virtual workshop will help you decide what to track on your financial dashboard. Effective financial dashboards lead to improved decision making, better allocation of resources, and greater confidence in performance. We will develop and analyze key financial metrics. This virtual workshop is the last of our 4-part series: Cash Flow and Access  

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