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Entrepreneur

IRS Alerts Small Businesses to Review Employee Retention Credit Claims for Accuracy Before March Deadline

The Internal Revenue Service (IRS) is urging small business owners to closely examine their Employee Retention Credit (ERC) claims for potential inaccuracies. As the deadline of March 22, 2024, fast approaches, the IRS has highlighted seven warning signs indicating that an ERC claim might be questionable, emphasizing the need for [CONTINUE READING]

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Entrepreneur

How to Start a Makeup Line

Personal brands play a big role in the cosmetics industry, especially with the rise of social media influencers and beauty gurus. These individuals often leverage their personal brand to launch their own cosmetic line, capitalizing on their loyal followers and unique aesthetic. Personal makeup brands can bring authenticity, relatability, and [CONTINUE READING]

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Entrepreneur

In the News: Thousands in Grants Up For Grabs For Small Businesses

As a small business, you should keep an eye on available grants as they can provide badly needed financial support without needing to repay them. Grants can cover a wide range of needs, from startup costs and expansion to specific projects and research. Staying informed about grant opportunities ensures your [CONTINUE READING]

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Entrepreneur

Justice Department Cracks Down on $20M COVID-19 Relief Fraud Scheme

Six Texas men have been sentenced for their involvement in a scheme to illicitly secure over $20 million in forgivable loans through the Paycheck Protection Program (PPP), a lifeline established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help small businesses during the pandemic. The individuals, identified [CONTINUE READING]