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August is National Black Business Month in America, a time when individuals and businesses recognize Black-owned businesses across the country. This month traces its history back to 2004 when Frederick E. Jordan, an engineering entrepreneur, teamed up with John William Templeton, president and executive editor of scholarly publishing company eAccess Corp to start the yearly event.  According to BlackEnterprise, Jordan felt compelled to highlight and uplift Black business owners like himself after reflecting on the challenges he faced as a new business owner. Read more ……

Since February 12th, the Internal Revenue Service (IRS) has been processing federal tax returns for the 2020 tax year, complicated for taxpayers and the IRS by the coronavirus pandemic and multiple pandemic-related relief packages passed last year. That’s why on Wednesday, the IRS announced the extension of tax filing and payment deadlines from April 15th to May 17th to help taxpayers navigating the many tax changes and give the IRS opportunity to clear its backlog of tax returns and correspondence.  Read more ……

People Element has released its 2021 Engagement Report detailing the latest trends and findings on employee engagement.  Their report details the driving factors behind employee engagement in 2020, a year that saw tremendous economic, social and political upheaval.  It also provides helpful recommendations on what employers can do to further engage their workforces.  Read more ……

In past generations, financial literacy was relatively simple. If you did not have the money in your pocket, you didn’t buy it. Purchasing on credit, extensive loans, and other financial products have all come about in more recent decades as consumer habits have changed. This means financial literacy has changed drastically as well.  Read more ……

Being an entrepreneur is difficult enough as it is — innovating with new ideas, turning concepts into products, managing teams of talented people — even without the questions of finance management. Poor financial literacy has been an Achilles’ Heel for an abundance of entrepreneurs, meaning that modern business leaders simply cannot afford to take any risks when it comes to managing their money.  Read more ……