Schedule K-1 is a tax document used to report income, deductions, and credits from pass-through entities such as partnerships, S-corporations, and trusts or estates. Unlike traditional corporations that pay taxes on their earnings, pass-through entities allocate their income, deductions, and credits directly to their owners or beneficiaries. Each individual then reports their share on their personal income tax return.
The
A business pitch competition is an event where entrepreneurs present their business ideas to a panel of judges comprising industry leaders, venture capitalists, and angel investors. The objective is to showcase a startup’s potential for success, innovation, and scalability, often in a short and compelling presentation. These competitions are an excellent platform for entrepreneurs to gain exposure, receive critical feedback,
Credit cards for real estate agents are specialized financial tools designed to help real estate professionals manage their business expenses while earning rewards and building credit. These cards allow agents to separate their business and personal expenses, track spending, and take advantage of rewards programs tailored to their needs.
For example, realtors can use business credit cards for everyday business
The Ava Credit Builder is a financial product backed by Evolve Bank designed to help individuals establish or improve their credit scores by leveraging recurring payments and savings strategies. It caters to individuals struggling with traditional credit-building methods and provides innovative tools to support credit growth.
Ava offers two primary products—the Ava Credit Card and the Save and Build Loan.
Self-build construction loans, often called owner-builder loans, are specialized financing options designed for individuals or property investors who want to build their own homes or projects rather than purchase a pre-built property. These loans are particularly beneficial for borrowers who aim to create unique architectural designs not available in the standard housing market or those constructing in rural or remote
A shelf corporation is a legally registered business entity without any business activity. Hence, it receives names such as aged shelf corporation, aged shelf company, ready-made company, or pre-existing company.
These aged companies are generally formed and then put on the shelf, or shelved, for a while to age. For small business owners, buying an aged corporation has its benefits
Total Shareholder Return (TSR) is a key measure for investors. It calculates the total returns from multiple cash investments. This includes capital gains, dividends, and other distributions. This means it examines how much money shareholders make from their investments over time.
What is a ROBS (Rollover as Business Startups)? ROBS, or rollovers as business startups, allow entrepreneurs to use their own retirement funds for business startup costs. This strategy helps business owners avoid debt and provides access to capital without paying taxes or penalties. The process starts with a tax-free rollover of retirement funds into a new corporation. The business owner
Every October, National Women’s Small Business Month celebrates the achievements of women in business and highlights their contributions to the economy. Women-owned small businesses are an essential part of our country. They create jobs and drive innovation.
The history of National Women’s Small Business Month began in 1988. The U.S. Congress passed a resolution recognizing women’s role in small businesses.
A business pricing strategy is a plan that helps companies decide how much to charge for their products or services. This plan affects sales, profits, and customer satisfaction. Different methods exist for setting prices, each with its own advantages and challenges.
Pricing strategies play a crucial role in small businesses’ success. Determining the right pricing strategy is essential for generating
Fraud Disclosure:
Please be aware that individuals have been fraudulently misrepresenting to business owners (and others) that United Capital Source, Inc. (“UCS”) can assist small businesses in receiving government grants and other forgivable business loans, when in fact those grants or loans do not exist or are not available. These individuals have ulterior motives and are engaging in the unauthorized use of the names, trademarks, domain names, and logos of UCS in an attempt to commit fraud upon unsuspecting small business owners.
UCS will never communicate with a prospective client on Facebook, Facebook Messenger, or any other type of social media. Further, any email communications will always come from an official UCS email address and not a Gmail, Yahoo, or other email domain. If you believe you have been contacted by someone posing as an employee of UCS, please email [email protected].
