Category: Business Credit

Federal Unemployment Taxes 2022 & 2023: What Are FUTA Taxes and How to Calculate Them

Federal Unemployment Taxes 2022 & 2023: What Are FUTA Taxes and How to Calculate Them

Small business owners carry a lot of responsibility on their shoulders. If your business has employees, payroll is one of your most important financial obligations. One of the important payroll taxes you may need to pay is FUTA tax.  In this guide, we break down what FUTA means, when your business must pay it and tips to make sure it’s done properly. This information is provided for educational purposes only. Tax laws can and do change. Please consult a tax… Read More
IRS Form 1065 Guide: Where and How to Fill a 1065 Form

IRS Form 1065 Guide: Where and How to Fill a 1065 Form

As a small business owner, you are responsible for organizing, filing, and paying your taxes. If you own a partnership or LLC, you must complete an IRS Form 1065. Also known as the U.S. Return of Partnership, IRS Form 1065 is how you’ll report your business finances to the IRS.  Regardless of if you’re a new small business owner or have owned a small business for years, the IRS Form 1065 can be tricky to understand. The good news is… Read More
The Pros and Cons of Self-Directed IRA Real Estate Investing

The Pros and Cons of Self-Directed IRA Real Estate Investing

A self-directed individual retirement account, or SDIRA for short, is a retirement investment vehicle that allows you to save for the future in a tax-advantaged way. Like a regular IRA, you can choose a Traditional or Roth approach, depending on your income level and when you whether you want to pay taxes on your contributions or distributions. But regular IRAs typically restrict you to investing in stocks, bonds, mutual funds and similar securities. If you want to put your retirement… Read More
What Are the Best Tenant Screening Services?

What Are the Best Tenant Screening Services?

In a perfect world, every tenant would meet your criteria. They’d have a stable job, be able to afford your rent, a history of making timely payments, and a clean criminal record. Unfortunately, this is not the case. There are many tenants out there that can make your life as a landlord, property manager, or real estate agent difficult.  The good news is that you can avoid bad tenants by investing in tenant screening services. To make your life easier,… Read More
Secured vs Unsecured Credit Card: What’s the Difference?

Secured vs Unsecured Credit Card: What’s the Difference?

Highlights: Secured credit cards require a security deposit, while unsecured credit cards do not.  Secured cards are generally easier to qualify for than unsecured cards. These and other types of cards may be helpful for those with limited credit histories or bad credit.   Different credit cards are targeted at different audiences. Some are best for travel, for example, while others are great for groceries.  One distinction between types of credit cards is secured vs. unsecured credit cards. Here’s how each… Read More
Buying a Commercial Real Estate Property For Beginners: Step-by-Step Guide

Buying a Commercial Real Estate Property For Beginners: Step-by-Step Guide

Commercial real estate has the potential to be an excellent investment, often more so than residential properties. Yet even if you’re an experienced real estate investor, it’s crucial to understand that the process of buying a commercial property isn’t the same as buying a house to live in.  In this article, we’ll look at why you should consider buying commercial real estate, financing options available to you, and how to buy it. What Is Commercial Real Estate Property? Any property… Read More