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7 Important Tax Strategies for Startup Founders

Startup Blogpost

From including your team in deductibles to researching specific exemptions, here are seven answers to the question, “What are your most helpful tax strategies that every startup founder needs to be aware of?” Deducting these costs from taxes can help save a lot of money for your business in the long run.

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How President Biden’s Tax Reform Could Impact Your Small Business

StartupNation

Information about tax changes the Biden administration is considering have recently leaked, creating some big headlines in media. First major tax hike since 1993 ,” according to Bloomberg. As a fractional CFO, my first reaction to any tax reform is: what does this mean for small business?

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5 Tips to Keep in Mind as You’re Starting a Business

StartupNation

Starting a business is incredibly exciting, but it also requires a lot of strategic planning if you want to create something going to last for years. Follow our top five checklist for precisely what new business owners need to know, and you can look forward to creating your own success. . Open a business bank account.

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Mixing personal and business finances common but not always optimal

NZ Entrepreneur

If you’re a small business owner or entrepreneur mixing personal and business finances to support your business, you’re not alone. This is even more common amongst businesses less than two-years old, with 64% of these businesses saying that personal savings is their number one source of funding.

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Preparing your business for end of financial year

NZ Entrepreneur

And yet, for many small business owners, the end of financial year (EOFY) still catches many off guard. Here are some key tips for small business owners to help start FY2021 off on the right foot. Here are some key tips for small business owners to help start FY2021 off on the right foot.

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New Paycheck Protection Program (PPP) Loans: How to Qualify and Apply

StartupNation

Updated January 11, 2021: The SBA has released guidance for new Paycheck Protection Program (PPP) loans available under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the Economic Aid Act). Business owners may apply for these starting January 11, 2021. What are Paycheck Protection Program Loans?

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7 Bookkeeping Mistakes Small Businesses Must Avoid

Smart Hustle Magazine

Contributed by Carole Anne, the bubbly head honcho of Key Admin – A professional bookkeeping business in Australia. As a small business owner, you can expand your business by ensuring its financial health. Yet, much of the success of your business is based on good accounting practices. .

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