Unfortunately, scammers never take a break and lately banks are seeing a concerning trend: the rise of check fraud. As a business owner, you may be asking yourself – “How can I best protest my operational checking accounts from check fraud?” The best option to safeguard against check fraud is get “Positive Pay.” Not only […]
It’s America Saves Week! Each year, we encourage our community to dedicate this week to pause and do a financial check-in, and this year is no different. Join us this week to get a clear view of where your finances are, where you want them to be, and what small steps you can take to […]
One of the most important functions of business records is to prepare you (or your accountant) for filing tax returns. To help make things easier for yourself, you may want to set up a record-keeping system that captures information in a way that matches the demands of the IRS. If you are a sole proprietor, […]
Most of us don’t spend much time worrying about how safe our money is in the bank. And we shouldn’t. However, during these uncertain economic times, it is more important than ever to be aware of a few nuances to ensure your bank is fully safeguarding your deposits. FDIC Insurance is the first step. The […]
As the New Year approaches, we’re all thinking about resolutions and goals. Before you dive in, consider reviewing your credit score. You may be asking, what goes into “good credit.” Let’s look at the five prongs that go into a credit score, starting from the lowest to the highest. So at 10% your credit mix. […]
Small business owners and entrepreneurs have tremendous resources in our region, many of which are untapped and maybe even unknown. SEED Corporation is one of those assets that every small business owner and aspiring entrepreneur should familiarize themselves with. SEED, South Eastern Economic Development Corporation, is a small business lender that provides financing to both […]
If you are self-employed or own a small business and you haven’t established a retirement savings plan, what are you waiting for? A retirement plan can help you and your employees save for the future. Tax advantages A retirement plan can have significant tax advantages: Your contributions are deductible when made. Your contributions aren’t taxed […]
Thinking about moving forward with a mortgage? To simplify the process, we’ve outlined some of the standard documents needed to process a loan application and included some suggestions to help the process move smoothly and quickly. Have questions along the way? No matter how big or small, we’re here to answer them all. Meet the […]
You, or someone you know, could become the victim of a growing crime in America — financial abuse of older Americans. Seniors are increasingly becoming targets for financial abuse. As people over 50 years old control over 70 percent of the nation’s wealth, fraudsters are using new tactics to take advantage of retiring baby boomers […]