One of the most amazing things about the e-commerce industry is that it is constantly evolving - and fast. While many other businesses may have to consider extreme precautions in order to survive the next crisis, e-commerce businesses are well-positioned to survive. Third-party logistics, or 3PL services, have been around for years. But given recent events, many sellers are taking another look at delivery alternatives.
If your company invests time and money into research that improves products, processes, or business components, you might qualify for the Research & Development (R&D) tax credit. The R&D tax credit is an opportunity for qualified businesses who utilize technology or hard sciences to reduce their tax burden, and improve cash flow – something that has become more important than ever in 2020.
This month, U.S. businesses swooped on the SBA's PPP loan funds. Congress has spent the past few days negotiating a second round of funding to help businesses pull through the stalling economy, to the tune of almost $500 billion. While the bill includes more than just funding for businesses, whether the problems in the first round of funding will be corrected remains to be seen.
As the dust settles from the first round of PPP applications, much more guidance is needed for lenders and borrowers on what is required for loan forgiveness. While the requirements and equations for loan calculations are spelled out in the CARES Act and subsequent releases, lenders and borrowers are receiving conflicting information. Apparently, there is more than one way to do math.
As the e-commerce industry develops better, faster, stronger tools, it can be difficult to weigh the options. If you're looking for an integration to save you time and frustration, we're here to help. This time we'll be comparing Bold vs. A2X for Shopify. When it comes to transferring data from Shopify to accounting, which app is more effective?