Did you know that 99.9% of all businesses in the US qualify as small businesses? Collectively, they employ 47.3% of the nation’s private workforce. And, they’ve been the hardest hit during the COVID-19 pandemic.
According to the Tax Policy Center, over 60 million Americans own an individual retirement account, otherwise known as an IRA. While most people have IRAs through their employers, there are numerous different types of IRAs, including SEP IRAs, SIMPLE IRas, and more that you can access and invest in yourself.
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Topics: Business|Taxes
IRR stands for Internal Rate of Return. But, what does that mean to you as a small business owner? Why is it important and how can you use it to increase the value of your business?
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Topics: Business|Taxes