The SBA Blog:
5 Ways to Separate Your Personal and Business Finances
As a business owner, establishing a distinct separation between your personal finances and your business finances is pivotal for protecting your own assets and credit. This above all things should be a top priority for managing money the right way.
An incorporated business is treated as a separate legal entitiy and it must be treated as such. For starters, separation between personal and business finances should be on the top of the list. Doing so will prevent the co-mingling of funds, accounts, and assets which protects the integrity of the corporate veil. Learn more here
#SmallBusinessWeek is officially just two months away - can you believe it?
What plans do you have to honor our nation's job creators and celebrate their
success? Join us across the nation with events every day! Stay tuned here and on Twitter @SBA_Cleveland for the latest updates on award winners, events and celebrations.
How to Sell Your Product or Service to the Federal Government
March 8, 2019 10am to 12pm
1350 Euclid Avenue, Suite 211 Cleveland, OH 44115
Registration required below:
Each year, our government spends billions of dollars in goods and services purchases from private firms. The SBA works to create an environment for maximum participation by small, disadvantaged, and woman-owned businesses in federal government contract awards and large prime subcontract awards. SBA administers several programs and services that assist small businesses in meeting the requirements to receive government contracts, either as prime contractors or subcontractors. These include the 8(a) Business Development Program, SAM, HUBZone Program and SUB-Net. Find out how these programs can help your business. Register here
Loan Information Meeting to be Held
March 14, 2019, 10am to 12pm
Lower Level Auditorium
1350 Euclid Avenue, Cleveland, OH,44115
Registration Required Below
Small business owners, as well as individuals interested in starting a business, can discover how to obtain financing for their venture by attending this free U.S. Small Business Administration (SBA) seminar from 10:00 am to noon. You will learn about financing options available through SBA. Participants will also have the opportunity to talk one-on-one with an SBA specialist and make counseling appointments with SCORE, “Counselors to America’s Small Business”, a nonprofit association dedicated to educating entrepreneurs and the formation, growth and success of small business nationwide. Registration is required. Register here
FOR MORE SBA CLEVELAND EVENTS, CLICK HERE
Annual Dirty Dozen List Continues
WASHINGTON — As the April filing deadline approaches, the Internal Revenue Service today warned taxpayers to be alert to tax time phone scams where aggressive criminals pose as IRS agents in hopes of stealing money or personal information.
Phone scams or “vishing” (voice phishing) continue to pose a major threat. The scam has cost thousands of people millions of dollars in recent years, and the IRS continues to see variations on these aggressive calling schemes.
Phone scams again made the IRS’ Dirty Dozen list, an annual compilation of some of the schemes that threaten taxpayers not only during filing season but throughout the year.
The IRS is highlighting each of these scams on consecutive days to help raise awareness and protect taxpayers. The IRS also urges taxpayers to help protect themselves against phone scams and identity theft by reviewing safety tips prepared by the Security Summit, a collaborative effort between the IRS, states and the private-sector tax community.
“Taxpayers should be on the lookout for unexpected and aggressive phone calls purportedly coming from the IRS,” said IRS Commissioner Chuck Rettig. “These calls can feature scam artists aggressively ordering immediate payment and making threats against a person. Don’t fall for these.”
Beginning early in the filing season, the IRS generally sees an upswing in scam phone calls threatening arrest, deportation or license revocation, if the victim doesn’t pay a bogus tax bill. These calls most often take the form of a “robo-call” (a text-to-speech recorded voicemail with instructions to call back a specific telephone number), but in some cases may be made by a real person. These con artists may have some of the taxpayer’s information, including their address, the last four digits of their Social Security number or other personal details. Learn more here
On Thursday, March 7, SBA Administrator Linda McMahon visited Tri-C's Manufacturing Technology Center for a fireside chat with Joe Roman, President and CEO of the Greater Cleveland Partnership. Over seventy small businesses, primarily manufacturers, had the opportunity to ask questions and hear first hand the Administrator's views on the economy, workforce development, tax cuts, and regulatory issues. The visit ended with a tour of Tri-C's state of the art technical and manufacturing training facility.