VOLUME 11 2022

November is here, and that means the busy holiday season is just around the corner. Are you ready? It can be a stressful time of year, full of making to-do lists (and checking them twice). Be sure to take some time to focus on wellness and finding support in friends and family.

This month, we’ve got advice for managing the upcoming overwhelm. You’ll learn our tips for preparing for Black Friday, getting relief from student loans, and maintaining your mental health. You’ll hear from Sam Pelner of Padgett Lakeville about working with relatives, and from Padgett client Jarin Jaffee about finding support with Padgett Toledo. Lastly, we’ve got your reminder to find out about your eligibility for the Employee Retention Credit!

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10 Tips to prepare your business for Black Friday

With Black Friday, Small Business Saturday, and Cyber Monday weeks away, now's the time to review your preparations for the largest retail weekend in the U.S.

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The tax implications of student loan forgiveness

If you’re one of the millions of Americans with student loans, you’ve likely heard about President Biden’s Student Debt Relief Plan. But do you know how it will affect your taxes?

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Making it work when working with family

We spoke to Sam Pelner, EA and vice president of Padgett Lakeville to share his advice for making working with relatives work for both your relationships and your payroll taxes.

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The business owner's guide to mental health

Business owners across America are especially at risk for stress, burnout and depression. Here are a few tips that may help improve your mental wellbeing.

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Successful business owner "Profile": Jarin Jaffee

After building a strong relationship with his partners at Padgett Toledo, Jarin's business quickly found success: “We’re now the number two Profile Plan location in the country.”

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ERC – it's not too late!

Did you know that eligible business owners can still claim the Employee Retention Credit (ERC)? Since 2020, Padgett has helped hundreds of clients apply for the credit, and we've collectively received millions of dollars. If you want to learn more about your eligibility or get started applying for the ERC, contact us today.


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About Padgett

At PADGETT BUSINESS SERVICES®, we know the stresses of running a business can keep owners awake at night. Your business is your livelihood — and quite possibly the livelihood of your employees — so it’s no wonder it’s always on your mind. PADGETT is here to help. We offer tax, accounting, payroll and advisory services that can help your business reach new heights, allowing you to rest easy.

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ADVISORY

PADGETT BUSINESS SERVICES® is dedicated to meeting the accounting, tax, payroll, compliance and advisory needs of small businesses. This publication is intended for informational purposes only and should not be construed as tax or legal advice. Such information is by nature subject to revision and may not be the most current information available. You should seek advice from a PADGETT BUSINESS SERVICES® representative or an independent advisor before acting on any of the information contained in this document. Each office is independently owned and operated.