Finances

Kiva Crowdsourced Loans

Kiva is a non-profit that expands access to capital for entrepreneurs around the world. More than 2.5 million people have raised over $1 billion on Kiva. Could you be next?

* Up to $15,000 at 0% interest, no fees
* Free marketing and new customers
* A great resource for start-ups AND existing, sophisticated businesses.
   Especially during the time of COVID-19, businesses are using Kiva as emergency financing. 

Enjoy learning about Kiva over lunch on Monday, December 7th, 12PM.
Register here for all the details.

Learn about the process from Rachael Sall, Kiva Hub Capital Access Manager with Colorado Lending Source:   Hailing from a small business lending background, Rachael found her passion working with underserved communities in the area.  Rachael works directly with diverse small business clients and tackles barriers to capital.  She helps entrepreneurs prepare for the lending process and manages Colorado’s first Kiva Hub in partnership with Colorado Lending Source

The Cost of an Employee

Many small business owners do not have a firm grasp on the cost of an employee.  The cost is greater than the wage or salary you agree to pay the new employee.  The SBA’s article by Barbara Weltman, an attorney and small business advocate, is worth the short read at the SBA’s blog.
  
The SBDC is partially funded by the SBA.
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Although we always recommend the services of a professional accountant, the Aurora-South Metro would be happy to forward several links to employer resources that will help you set up your business for employees, should you make that decision.

The IRS Dirty Dozen

IRS kicks off annual list of most prevalent tax scams:

Agency warns taxpayers of pervasive phishing schemes in its ‘Dirty Dozen’ campaign

 

The IRS warns taxpayers, businesses and tax professionals to be alert for a continuing surge of fake emails, text messages, websites and social media attempts to steal personal information. These attacks tend to increase during tax season and remain a major danger of identity theft. To help protect taxpayers against these and other threats, the IRS highlights one scam on 12 consecutive week days to help raise awareness.

Phishing schemes are the first of the 2019 “Dirty Dozen” scams. “Taxpayers should be on constant guard for these phishing schemes, which can be tricky and cleverly disguised to look like it’s the IRS,” said IRS Commissioner Chuck Rettig. “Watch out for emails and other scams posing as the IRS, promising a big refund or personally threatening people. Don’t open attachments and click on links in emails. Don’t fall victim to phishing or other common scams.” 

 

The IRS also urges taxpayers to learn how to protect themselves by reviewing safety tips prepared by the Security Summit, a collaborative effort between the IRS, state revenue departments and the private-sector tax community. “Taking some basic security steps and being cautious can help protect people and their sensitive tax and financial data,” Rettig said.

For more on the worst of the worst tax scams, visit https://www.irs.gov/newsroom/dirty-dozen.

Five Cs of Credit

Five characteristics used by lenders to gauge the creditworthiness of potential borrowers.

Wednesday, April 25th, 12PM – 1PM, FREE | Lunch included.
Aurora Municipal Center | 15151 E. Alameda Pkwy. | Aurora 80012 | 2nd floor ASPEN conference room

Please pre-register here…

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