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TIA Issues Statement on ‘Invest in America Act’

TIA says it is hopeful that a bipartisan, bicameral process will move forward to ensure a long-term bill will be signed into law.

Employee Retention Credit Could Help Your Tire Business

Rich Lipton, Tire Review contributor and senior partner at Lipton CPA Associates, explains how to tell if the new Employee Retention Credit might be right for your business.

Goodyear Releases Preliminary Q1 Results, Business Update

Goodyear’s first quarter 2020 sales were approximately $3.0 billion, down from $3.6 billion a year ago. Tire unit volume totaled approximately 31 million for the first quarter of 2020, down 18% from the prior year.

NCTDA Distributes Borrowing Tips for Small Businesses

Borrowers should try to learn as much as they can about the PPP program, and have their financial records ready before going to bank portals to apply for the relief loan.

Auto Care Assoc. Compiles List of SBA Loans, Tax Benefits

Congress has extended several small business loans and other benefits to businesses, irrespective of size.

Your Guide to Key SBA Loans for Coronavirus Relief

If your business has 500 or fewer employees, then it will qualify as a small business for the purpose of these loans.

Business Health Check: What to Examine Every Year

Just as everyone should see his or her physician for an annual check-up, it makes sense to do the same for your business.

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Manufacturers Ask Congress to Act in Response to COVID-19

“U.S. tire manufacturers are a critical part of the American economy,” said Anne Forristall Luke, USTMA president and CEO.

Congress Repeals ACA’s ‘Cadillac Tax’

The tax was set to take effect in 2022 and would have taxed some employer-sponsored plans.

Business Tax Provisions: The Year in Review

Lipton CPA Associates details tax changes for 2019 that business owners need to know for their books heading into the new year.