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Posted by: Charles P Myrick CPA Posted on: Oct 27 2022

Will the New Corporate Minimum Tax Affect You?

On August 12, 2022, the U.S. Congress passed the Inflation Reduction Act of 2022, which essentially changed how corporate income taxes are calculated. Not surprisingly, changes to the tax code raise new questions: who will be affected?

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Posted by: Charles P Myrick CPA Posted on: Sep 11 2020

How to Use Invoice Factoring to Build Cash Reserves

Having enough cash on hand during tough times is essential for any small business. When sales are slow, you need to pay your expenses and employees to keep operations flowing. Your incoming revenue and outgoing expenditures may not always tie together, which may create cash flow problems. Invoice factoring can help infuse the cash you need to build reserves during these difficult times. Here’s what you need to know about invoice factoring and how to use it to build cash reserves for your small business.

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Posted by: Charles P Myrick CPA Posted on: Sep 03 2020

How to Manage Small Business Variable Expenses

Are you on top of the variable expenses in your small business? Planning a budget can be difficult when some costs vary from month to month. These unforeseen expenses can eat away at profits essential for business growth and development. Here are six tips for managing small business variable expenses.

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