Today’s economy requires a substantial amount of pivoting while viewing complex challenges through a new lens. It’s hard not to feel like so many things are changing at a rapid pace. Fortunately, one FUNDAMENTAL thing has stayed the same: Section 179 of the IRS Tax Code. If you’re a small business and you’re not familiar […]
We cannot dispute the fact that the pandemic has given a strong impetus to digitalization. Digital technology is all around us, becoming an integral part of the life of every modern inhabitant of our planet. Even after the decline of the coronavirus frenzy, many companies aren’t stopping there. They are trying to improve on the […]
What is refinancing? It is a banking service that allows you to take out a new loan in order to pay off all or part of your old one. It is most advantageous to apply for refinancing when there is an opportunity to lower your rate and reduce your overpayment. This is especially true for […]
A bank loan is a personal loan you get from a bank. It can start at rates as low as 6% and amounts can be as high as $100,000. Bank loans may offer advantages to their customers. But they still lose out compared to online lenders, as they have more stringent credit rating requirements, and […]
Today, almost 8 out of 10 US enterprises use equipment leasing and financing to purchase production assets, which is a consequence of the main trend of last year, still leaving its mark – pandemia. But what are other trends in the acquisition of equipment now? Or what else do we have to find out in […]
None of us knows for certain what the future will hold, but we all have a responsibility to be thinking about what’s likely to happen and to prepare for it. First of all, digital transformation is affecting every vertical in every market across the globe. Meanwhile, digital readiness helps companies ensure business continuity in challenging […]
Sumerian merchants first recorded livestock sales on clay tablets, it’s how the finance technology was born. And then, five thousand years later, technology has evolved into a new class of digital tools that are changing every aspect of the business. Driven by technological innovations and increased online connectivity, the role of digital finance is rising. […]
As finance evolves, it comes with more expectations and demands on innovation and accountability from regulators and customers alike. Today, more than ever, it is important to successfully manage your finances and cope with changes in today’s volatile and complex global business environment. For years, the industry believed that tech startups could not challenge traditional […]
Businesses cannot be without money. Finance IT Forward knows how to manage small business cash flow. Cash is the king of the financial management of any business. Above all, cash flow is a big priority for any small business. However, no matter if your business is medium or small, growing, stable or struggling, managing your […]
The Section 179 encourages small and medium businesses to invest in themselves Section 179 of the U.S. internal revenue code is not some mysterious or complicated tax code. Above all, it is what business owners can take over a period of time for purchases of depreciable business equipment instead of capitalizing and depreciating the asset. […]