Possible Tax Consequences of Guaranteeing a Loan to Your Corporation
What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser, or indemnitor of a debt obligation of
What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser, or indemnitor of a debt obligation of
Does your business need a loan? Before contacting your bank, it is important to gather all relevant financial information to prove your business is creditworthy. By anticipating information requests, you
Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small businesses face particular difficulties in that, by definition, their resources —
An SBA loan can make big things happen for your small company, but the agency’s loan program is sometimes abused by con artists who know that many small business owners
Borrowing is not just for businesses. Many non-profits borrow money for major capital purchases, new program funding, and even to manage current cash flow. But if you are hoping to