When looking for a loan, it is always smart to shop around and find the best option. Whether you are searching for the best interest rates or for the easiest and fastest way to get approved, a credit union might be the perfect option for
There are many sources of debt financing for your business. The common ones include banks, business creditors, commercial lenders, and credit card companies. Before you visit any lender, it is advisable to know the different types of loans available. Here are the most common ones. 1.
Although every lending institution has its own business loan requirements, which also depend on the type and amount of loan you are seeking, many will require a minimum credit score to consider the eligibility and trustworthiness of a borrower. Each loan application is evaluated on its
The Types of Business Taxes When running a business, it’s best to keep up with your taxes to avoid penalties. Throughout the year, a business can pay the taxes that they owe from their annual income quarterly or yearly. In many cases, a business chooses to
A 4506-T is an IRS form also known as a “Request for Transcript of Tax Return.” This form requests that the IRS send you a copy of the tax return information they have on record, up to ten years prior. You can specify a third
There is a five-letter word most of us fear: audit. Movies and television shows have portrayed being audited as a scary experience with men in suits coming to your home and grilling you like a common criminal. The good news is that audits are not
The Average American Has a Smaller Chance of Being Audited by the IRS It’s official: taxpayers today have a much smaller chance of being audited by the Internal Revenue Service (IRS). Budget cuts, staff reductions, and changes to collection policies have dramatically reduced the number of IRS
There are some circumstances that require a person to prove they have no income. Proving a negative is not as easy as proving a positive, but there are ways to do so. The following tips can prove useful. Utilize the IRS by going on their website
Using a credit union for your small business can be a big decision with far-reaching effects. There are lots of factors to consider with this decision, but the first thing you need to ensure is you understand exactly what a credit union is. The entire concept
Buying a home is one of the most important and difficult steps many of us undertake as we try to get a foot on the property ladder. There are many parts to the process of buying a home, but one of the most important parts