Tax Levy vs. Lien

The IRS has a legal right to use unexpected means to collect the unpaid debt owed to them. All business have an obligation to pay their taxes to the IRS. Although, some businesses forget or simply chose not to pay their tax debt, in doing this, they expose themselves...

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Accounting 101: Cash Versus Accrual Accounting

Most small business owners shy away from accounting like the plague and understandably so. Accounting can be tedious and not too exciting but even if you don’t handle your own financial reporting, it’s vital to know how the difference between cash and accrual...

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Turn to Factoring When Payroll Is Tight

Employees are the circulatory system of your business. They help products and services flow through your operation, and they take care of all the details along the way. You make payroll a priority, but something may happen to affect your cash flow. A customer may not...

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The Two Types of Factoring

As a small business owner, you may find yourself in need of quick cash during periods of slow business or when you're trying to get your operation up and running. However, it can be difficult to secure a small business loan when you're just starting out, and high...

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