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Small Business News & Notes

2018 Information for Members

Coordinated with Small Business Foundation, Inc.

HOT Issue Poll

Charitable donation records What you need for your 2017 return

If you contributed to charity in 2017, you can generally deduct the full amount on your tax return with one caveat: You must have the records to back up your claims in case the IRS comes calling.

Tax Tip of the Week

Designing your businesss credit policy

Business clients often prefer to be billed for purchases rather than paying upfront. That means you may need to establish receivable accounts for most business-to-business transactions.

Business Tip of the Month

The pros and cons of paying off credit cards with a HELOC

According to a 2017 American household credit card debt study, the average American household with credit card debt has a balance exceeding $15,000.

Financial Tip of the Month
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