What is a Trade Credit?

What is a Trade Credit?

If you’re in business, you’ve probably heard of trade credit . But what is it, exactly? In this blog post, we’ll explain everything you need to know about trade credit, including what it is, how it works, and why it’s important. Checkout this video: Introduction A trade credit is an arrangement between a buyer and…

What is a Credit Limit?

What is a Credit Limit?

A credit limit is the maximum amount of credit that a financial institution extends to a borrower. Checkout this video: What is a credit limit? A credit limit is the maximum amount of credit that a financial institution will extend to a borrower. It’s important to know your credit limit so you don’t exceed it…

Who Qualifies for the Employee Retention Tax Credit?

Who Qualifies for the Employee Retention Tax Credit?

The Employee Retention Tax Credit (ERTC) is a refundable tax credit for eligible employers equal to 50% of qualified wages (including allocable qualified health plan expenses) that are paid to employees after March 12, 2020, and before January 1, 2021. Checkout this video: Overview of the Employee Retention Tax Credit The Employee Retention Tax Credit…