Articles Posted in Small Business

Five Reasons Why Business Owners Should Not Pass on Credit Card Fees to Customers
Frazier Law Team

Can you imagine a world where a business owner would charge their customers a fee for using their credit or debit cards to buy items at their store? Imagine no more because those days are here and many small businesses are taking the opportunity to charge clients who chose to charge their purchase to their…

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IRS Introduces New Withdrawal Process for Employee Retention Credit (ERC) Claims
Frazier Law Team

The Internal Revenue Service (IRS) has initiated a withdrawal option for small businesses and organizations concerned about the accuracy of their Employee Retention Credit (ERC) claims. This measure comes as part of the agency’s broader initiative to shield these entities from potential scams. It is essential that claims for Employee Retention Credits be made by…

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Tennessee Expands Tax Repossession Sales and Use Tax Credit
Frazier Law Team

As a business owner in Tennessee, it’s important to stay up to date with any changes in state law that could potentially impact your business. One such change is the expansion of the repossession sales and use tax credit, which takes effect on July 1, 2023. This credit is designed to help dealers who sell…

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