B2B Stories

IRS changes reporting requirement for mobile payment apps

Mobile payment apps like CashApp and Venmo have been a boon for some small businesses, but a change in the tax law will increase the need for stricter accounting practices. In the past, a business could bring in $20,000 through an app without triggering any additional paperwork, but in 2022 the IRS has lowered that threshold to $600. Any amount of business transactions totaling more than $600 will require the app to send a 1099-K income form to the business. This includes apps that have accounts that hold money, like

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B2B Stories

2022’s Alamo Moment

  Don MacNeil is the former Marketing Director of Windsor Jewelers and long-time on-air radio professional.   Is it just me, or… 2022’s Alamo Moment We’re blessed in this country for many reasons, and among them is the happy geographical accident of a 3,000-mile moat on either side of us, which has served us well for our 246 years. It suggests that for us it won’t one day be the Visigoths coming over the hill but a complacent rot from within that does us in, but that’s a discussion for

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Consumer Stories

Young entrepreneur elevates his business in competitive car cosmetic market

Chandler Brewer started his car detailing business with $25 worth of products, and about six months later, he’s now living the American Dream of being a successful entrepreneur. Brewer, 22, co-founded Elevate Auto Cosmetic Lab with his fiancée, Kamalani Straus, in October. Despite his age, he’s always aspired to become a business owner. While he was still in middle school, Brewer began working with his dad on his family’s vacation rental property business in Tybee Island. Prior to launching Elevate, he also worked for Rapid Restoration Auto Lab in Evans,

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Consumer Stories

New restaurant adds a dash of heavy metal to your lunch

If you enjoy rocking out to Iron Maiden or Anthrax while you pick up your lunch, Jason and Amber Parrish have just the spot for you: Mosh Pit Eats. Located at 111 Old Evans Road, Suite D in Martinez, the family take-out restaurant offers an eclectic menu that includes sandwiches, salads, fruit bouquets and chocolate-covered strawberries while playing hard rock and heavy metal music. One of their sandwiches is called “I Love Rock n’ Roll,” inspired by Joan Jett’s classic hit. The business, which opened in November, also sells a

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B2B Stories

Skyrocketing fuel costs hurt local businesses

When Les Perry, General Manager of Riverside Refreshments of Augusta, takes a look at his gas prices from January 2022 compared to January 2021, he sees a staggering figure – a 65 percent increase. With more than 100 trucks on the road daily, the vending supply and beverage distributor is concerned about how much gas prices have increased and how much higher they may go as a result of the conflict in Ukraine. “There’s no question it’s affecting us,” Perry said. “All of our suppliers are facing the exact same

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B2B Stories

Mondays with Rick: Russia-Ukraine conflict will impact the CSRA through fuel costs, hacking

  Dr. Rick Franza, is the Dean of the Hull College of Business who discusses a different, timely business topic each Monday in this column. This week, we’re looking at how war between Russia and Ukraine could impact CSRA businesses. The interview has been edited for clarity and impact. ABD: What kind of impact will a war on the other side of the globe have on local businesses? Rick: The most immediate impact is in oil prices. The good news for us is that at 80 degrees, we won’t have

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Consumer Stories

Pandemic survival story

Faithful customers kept Thai Kitchen alive during pandemic The pandemic was hard on many local businesses and sadly, some didn’t survive. But others made it through that unsettled period and are still alive. Over the next several weeks, we’ll look at their stories and what made the difference for them. Despite its small footprint, a solid customer-base helped Thai Kitchen in Evans survive two years of pandemic shut downs and restrictions that closed some bigger restaurants. “We have to thank our customers,” Marasri Ortiz said. “They’re the reason we’re still

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B2B Stories

City’s street light plan will add to business tax burden

Things could get brighter in Augusta, but with the result of increased costs for area businesses. The city plans to expand street lights on various streets and neighborhoods. It will use $1.5 million of the $6 million Rescue Act Funds it received to cover the shortfall of the project. But that won’t cover the ongoing expense of keeping those lights glowing. To cover the increase in the city’s power bill, the city proposed hiking the business tax rate to $175, a 63.5 percent raise of $68. Residential rates would rise

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Consumer Stories

A new business with sweet treats is coming to Washington Road

If you’re watching your calories, this might not be good news for you – a new frozen custard business is coming to Washington Road next to Krystal. Construction is underway on a new location of Whit’s Frozen Custard, a national chain with locations in 10 states, including Georgia, Florida, North Carolina and Ohio. RW Allen Construction is building the new restaurant. “It’s a five to six-month project,” said Connie Melear, chief financial officer for RW Allen. “You should see it come out of the ground very soon.” Founded in Ohio

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