News

  by Jackie Navarrete In 2025, the Internal Revenue Service (IRS) has intensified its focus on tip reporting compliance, particularly concerning credit card transactions. For small businesses in the service industry, understanding and adhering to these regulations is crucial to avoid potential penalties and ensure smooth operations. Understanding the Importance of Tip Reporting Tips constitute … Read more

  </div >     by Jackie Navarrete Illinois is about to become a testing ground for a major shift in how low-income families buy groceries—and smart small business owners are paying attention to the USDA’s mobile payment pilot. Later this year, the state will officially participate in the USDA’s Mobile Payment Pilot, a cutting-edge … Read more

  </div >     by Jackie Navarrete Mastercard and MoonPay Join Forces to Mainstream Stablecoin Payments In a move that could send ripple effects throughout the global financial ecosystem, Mastercard has announced a strategic partnership with crypto infrastructure firm MoonPay to bring stablecoin-linked cards into the mainstream. The goal? To simplify cryptocurrency payments, make … Read more

  by Jackie Navarrete Memorial Day Weekend: More Than Just Burgers and Beach Chairs For many Americans, Memorial Day marks the unofficial start of summer. It’s a three-day weekend of backyard barbecues, retail deals, and road trips. But for small business owners, it’s much more than that—it’s a golden opportunity to boost visibility, increase revenue, … Read more

  </div >     by Jackie Navarrete In a rare moment of political unity, the U.S. Senate unanimously passed the No Tax on Tips Act — a bill that’s poised to shake up the service industry in the best way possible. And if you’re a restaurant owner, server, barista, bartender, or small business champion, … Read more

    by Jackie Navarrete Let’s be real—when you run a small business in Illinois, every dollar counts. That’s not just a cliché, it’s your profit margin talking. And if you’ve been relying on the 20% small business tax deduction to make those books balance, we’ve got news for you: it might not be around … Read more

</div >   by Jackie Navarrete Big tech moves usually make headlines in investor circles—but this one’s different. When Fiserv, one of the world’s largest fintech companies, doubles down on Clover POS and sets a $3.5 billion revenue goal for 2025, it’s not just Wall Street who should care. If you’re a small business owner, … Read more

  by Jackie Navarrete Chargeback fraud is spiraling out of control—and small businesses are staring down the barrel. According to a new warning from Mastercard, merchants across the U.S. are projected to lose $15 billion to chargeback fraud in 2025 alone. And if you think that’s just a big business problem—think again. Nearly half of … Read more

  by Jackie Navarrete A Billion-Dollar Opportunity for Small Businesses This Mother’s Day, Americans are expected to spend a staggering $34.1 billion, just shy of the record-breaking $35.7 billion seen in 2023. According to the National Retail Federation (NRF), 84% of U.S. adults plan to celebrate the holiday, spending an average of $254 per person. … Read more