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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. The ERC filing deadline is October 2024. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects.

Taxes 195
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Investing in America: 7 Strategies and 7 Tactics That Can Drive Business

South State Correspondent

The breadth of these programs is massive and combines grants, tax credits, production incentives, tax relief, and private investment stimulus. This is all on top of the tax benefits, such as the Employee Retention Credits businesses still claim have yet to be dispersed.

America 195
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. At the same time, 59% pursued credit to meet operating expenses.

Lending 244
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. At the same time, 59% pursued credit to meet operating expenses.

Lending 195
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Small U.S. accounting firms and their consultative future

Abrigo

By 2024, sector growth of 11 percent is expected - this forecast should provide confidence for you and especially your clients. The recent Accounting Firm Operations and Technology Survey (AFOT), available as a PDF eBook at CPA Trendlines , produced by Randolph P. percent provide tax preparation services. Whereas 77.7

eBook 221
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The Recency Trap and Building Deposit Balances

South State Correspondent

The Recency Trap in Banking Background Consider how much of your bank’s operating, sales, and marketing effort is spent acquiring new customers versus growing your existing customers. Many banks fall into the “recency trap.” ” This article explores the recency trap and discusses how to prevent it.

Marketing 195
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Union Budget 2021: Highlights

BankBazaar

We await the operational details of the scheme now. Recycling capacity of ports to be doubled by 2024. However, in case of serious tax-evasion cases (Rs. Affordable housing projects to get a tax holiday for one year. In urban areas, 83.7 percent of families paid out of their savings, with 8.5 percent relying on loans.

Metro 122