Due to the pandemic, many Americans have been working from home, but only certain people will qualify to claim the home office deduction. This deduction allows qualifying taxpayers to deduct certain home expenses on their tax returns when they file their 2021 tax returns next year. This blog...
“Small businesses are struggling to recover amid pandemic-related headwinds according to data released today from Goldman Sachs 10,000 Small Businesses Voices. The data from a forthcoming survey completed last week is a critical warning sign for policymakers amid the increase in COVID-19 cases...
This article was originally published on Equipment Finance Advisor The American Institute of CPAs (AICPA) and a coalition of more than 560 organizations representing millions of employers and American workers sent Congressional leaders a letter urging passage of legislation making it clear that...
All businesses require a type of equipment to perform their operational activities. For example, construction companies need bulldozers and excavators, while creative services companies may need long-arm quilting machines. While some businesses can purchase their equipment in full, others may...
Upgrading or purchasing new equipment is influential in helping your business grow. Businesses can get to the point where they have plateaued and need to invest in their business for it to grow and become more profitable. You may need to purchase new technology, machinery, or vehicles. Taking...
This article was originally posted to the AACFB newsletter by John Chaplin. American Financial Partners is a member of the AACFB. From the title, you might think this article is about networking on the golf course and having a successful business. It’s not. It actually refers to something I...
Our world has changed tremendously in just a few short months. Business owners who have never financed before or have only used their banks will be looking for alternative finance options – one thing everyone has learned – CASH IS KING – conserve it. Equipment vendors...
It’s all about cash flow right now! AFP may be able to help save you money on a business necessity – insurance. AFP has worked with instaCOVER for years as a valued and trusted partner. They have helped many of our customers with their commercial equipment insurance...
In a recent independent survey of 2412 Business Owners (less than $30,000,000 in revenue): Companies that pay cash for equipment keep equipment longer Companies that pay cash for equipment have higher maintenance expenses Companies that pay cash for equipment have more equipment downtime...