Will US Fall Into A Recession? Miami Accountants Get You The Facts As of now, the U.S. is not in a recession, but the chances have increased sharply in the past two weeks. Everyone’s wondering will the US fall into a recession? When longer-term interest rates fall, it typically predicts slower growth, interest cuts and
How To Grow Your Small Business and Revenue Right Now. With remote work becoming ever so popular and independent contractors tapping into every industry from real estate to healthcare, small business today is completely redefined. It’s no longer the local bakery around the corner or the eclectic clothing boutique down the road.
Planning ahead, filing your business taxes on time and claiming the right deductions can make a world of difference for your company. But most small to medium business owners get overwhelmed by all the tax rules and ever-changing details from year to year. And it’s understandable, considering the U.S. Tax Code is 70,000 pages long.
First things first: Pay cuts are legal as long as they’re not done in a discriminatory way. So, your virtual financial advisors want you to know that if a pay cut isn’t based on an employee’s race, gender or age, then a corporation can reduce their salary as long as it’s at least minimum wage.