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Dec

8 Ways to Use a Working Capital Loan for Your Trucking Busin...

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8 Ways to Use a Working Capital Loan for Your Trucking Business

There are many people who turn to working capital loans in order to fund their businesses. It is likely that many of your competitors have also taken out such loans in order to expand their companies. A short-term business loan can help solve cash flow problems that have stalled your growth. Although many other loan types involve complicated application processes, working capital loans are often approved quickly. Here, we will discuss some of the ways that you can use a working capital loan in order to fuel your trucking business. Bridge Payment Delays Some of your business partners may be…

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6
Dec

Everything You Need To Know About The Section 179 IRS Tax Code

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The Internal Revenue Service (IRS) is a government agency that is part of the Department of the Treasury. This agency is responsible for tax collection and providing assistance to taxpayers. Tax assistance can come in the form of deductions, rebates and bonuses. One specific instance of tax assistance is the Section 179 Tax Code deduction. You have perhaps heard of this deduction but aren’t entirely sure if your business can benefit from it or how exactly it is implemented. The Section 179 IRS tax code is not a complex operation. It is designed to offer tax relief to businesses, specifically those that are small in nature. So, how does it work and what do you need to claim this tax relief? Here’s everything you need to know about the Section 179 IRS tax code: What is the Section 179 tax deduction? The IRS Tax Code’s Section 179 was created to…

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