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US small-business owners face tax headaches on top of COVID woes | Tax News
Smaller firms that have been buffeted by the pandemic, inflation and shipping woes have a different obstacle to insert to their plate: taxes. Tax year can be complex for all people, but as the April 18 submitting deadline looms, modest-small business proprietors, contractors, business people and some others facial area a raft of at any time-modifying policies and regulations. Furthermore, numerous are dealing with delayed returns and refunds from prior tax durations. The Internal Revenue Support has warned of a backlog and suggests additional delays are to be expected. “It’s even worse this calendar year than final calendar year,” said Gene Marks, proprietor of The Marks Group, a compact business…
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Supply chain woes hit home: Business owners face shortages
Valerie Cichanowicz, proprietor of Chick’s Southold Agway, explained ordering stock has come to be practically a full-time task. (Credit score: Brianne Ledda) As the country struggles with international provide chain disruptions, North Fork corporations of all sorts are battling to stock their shelves. Glass jars. Birdseed. RV antifreeze. Attire. Inventory across industries is generally more difficult to monitor down, and far more highly-priced to purchase. Valerie Cichanowicz, operator of Chick’s Southold Agway, claimed ordering stock turned a comprehensive-time career. “We’re just frequently checking their portions. When we see that they have some in stock, even if we really don’t have to have it but, we’re putting an order in anyway,…