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Virginia · News & Commonwealth Affairs

Finance & Economy

Aesthetics Day Spa & Nails: The Charge That Doesn't Show Up: What Every Salon Owner Should Understand About Taxes
Finance & Economy

Aesthetics Day Spa & Nails: The Charge That Doesn't Show Up: What Every Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

Sassy Hair and Day Spa: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS
Finance & Economy

Sassy Hair and Day Spa: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Reston Housing Market Cools Slightly as Mortgage Rates Stabilize
Finance & Economy

Reston Housing Market Cools Slightly as Mortgage Rates Stabilize

Home price growth in the Reston area has slowed as mortgage rates hold steady, giving buyers modestly more negotiating room.

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Aura Day Spa
Finance & Economy

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Aura Day Spa

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.

The NAIL Place: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS
Finance & Economy

The NAIL Place: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Virginia Small Business Lending Rises in Lynchburg Region Amid Economic Recovery
Finance & Economy

Virginia Small Business Lending Rises in Lynchburg Region Amid Economic Recovery

New data shows small business lending activity climbing in the Lynchburg region as local banks report renewed borrower confidence.

Chesapeake Housing Market Cools Slightly as Mortgage Rates Stabilize
Finance & Economy

Chesapeake Housing Market Cools Slightly as Mortgage Rates Stabilize

Home price growth in the Chesapeake area has slowed as mortgage rates hold steady, giving buyers modestly more negotiating room.

Virginia Small Business Lending Rises in Alexandria Region Amid Economic Recovery
Finance & Economy

Virginia Small Business Lending Rises in Alexandria Region Amid Economic Recovery

New data shows small business lending activity climbing in the Alexandria region as local banks report renewed borrower confidence.

Virginia Credit Unions Report Strong Growth in Richmond Membership
Finance & Economy

Virginia Credit Unions Report Strong Growth in Richmond Membership

Credit unions serving the Richmond area report significant membership growth, as more residents shift away from traditional banks.