Business Development Resource Archives

What Investors Need To Know About The ‘Three Waves Of Opportunity Zones

Opportunity zones (OZs) are a hot news topic right now: Part of the new tax law, they’re intended to draw $6.1 trillion in unrealized capital gains into furthering economic development in 8,700 designated low-income areas around the country via investment in real estate and business. But they’re also drawing controversy, specifically the critique that they will benefit the rich through an unprecedented tax break, while investment goes to real estate development that would have happened […]

How the U.S. SBA Can Help Your Small Business

An overview of the 4 main areas of service that the US SBA provides to small businesses. The U.S. small business administration makes the American dream of business ownership a reality. We do this by empowering entrepreneurs and small business owners with the resources and support they need to start and grow their small businesses. And the SBA is the only go-to resource and voice for small businesses that are backed by the strength […]

Tax Win: IRS Provides Clear Test on Now 20% Deduction Applies To Rental Income, Exchange

The Internal Revenue Service has issued final rules on the 20 percent business income deduction (Sec. 199A of the Tax Code) that was enacted in late 2017 as part of the Tax Cuts and Jobs Act. Among other things, the rules confirm that the deduction applies to your business income, as a real estate agent or broker, if you operate as a sole proprietor or owner of a partnership, S corporation, or limited liability company. […]

5 Factors That Affect Your Business Credit

What makes up your business credit score? What gives you the best chances of getting a loan? Here are a few factors that play into your business credit picture, and what you can do to make the most of them: Payment History – Your payment history is an important part of your business credit profile, and is what your D&B Paydex score is based on. Many credit opportunities come with a minimum Paydex requirement. What […]

How to Separate Business Credit and Personal credit

Research from the Federal Reserve Bank of New York shows that more than half of small business owners who apply for a loan, fail to secure them. One of the primary reasons cited is that the businesses that apply for these loans have poor business and personal credit scores. As a business owner, you should know that keeping your business credit and personal credit and all financial information separate and well organized is essential for […]