May 4, 2021

Day: May 4, 2021

Participate in Small Business Week by using the hashtag #iBuyDC Challenge | WDVM25 & DCW50

WASHINGTON (WDVM) — This week is Small Business Week in D.C., hosted by the Department of Small & Local Business Development. There are 73,000 small businesses in the District, and the DSLBD is challenging consumers to buy local through its #iBuyDC Challenge. 

If you visit a small business this week (or any time of the year), take a photo of yourself or the product and post it on social media. Use the hashtag #iBuyDC and challenge a friend or family member to do the same. 

D.C. has participated in Small Business Week for a while, but DSLBD Director Kristi Whitfield

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TikTok Is the Place To Go for Financial Advice If You’re a Young Adult

TikTok is the place to go for new dances, viral taco recipes—and, now, financial advice.

The big benefit of TikTok is that it allows users to dole out and obtain information in short, easily digestible video bites, also called TikToks. And that can make unfamiliar, complex topics, such as those related to personal finance and investing, more palatable to a younger audience.

But can TikTok users, many of whom are in their teens, 20s or early 30s, trust the financial advice that is increasingly being offered on the social-media platform?

That advice runs the gamut, from general information about home

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Earn Up to $2,000 Just for Saving Money in a Roth IRA

The Saver’s Credit, also known as the Retirement Savings Contribution Credit, is one of the most appetizing rewards for low- to middle-income taxpayers who are thinking about stashing money away in a Roth IRA. 

If you qualify, this IRS perk allows you to claim a credit up to $1,000 (single filers) or $2,000 (married couples filing jointly). This is a valuable addition to your tax return, allowing you to reduce or completely eliminate your tax bill. It goes without saying that if you reduce your tax tab, you get to keep more money in your pockets. 

Unfortunately, most people who

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Corporations that take a stand also take a risk

They say silence is golden, yet numerous corporations recently have voiced positions on social issues that confront America: equality, immigration, voting rights, climate change and more. It is nothing new for corporations to take a stand, but in today’s politically charged environment, doing so means taking a greater risk than ever before.

Some believe companies only act in their best interest, so if a corporation thinks more of their customers and prospects are supportive of an issue than not, it is business-wise to speak out regardless of what the decision-makers really think.

Indeed, research shows many consumers consider a company’s

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Businesses Are Acquiring Funding Fast During the Covid-19 Pandemic Thanks to Expert YouTube Advice from Business Credit America Inc


These 3 Cathie Wood Stocks Are Set to Rip Higher By 40% (Or More)

The markets lately are a mix of gains and volatility, and it’s tough, sometimes, for investors to make sense of it. In times like these, it makes sense to turn to the experts. Cathie Wood is one such expert, an investor whose stock choices have consistently outperformed the overall markets. A protégé of famed economist Arthur Laffer, market guru Wood has built her reputation on her clear view of the markets. Her firm is Ark Invest, whose Innovation ETF has over $52 billion in assets

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1 in 6 LI small businesses didn’t survive the pandemic

Some closed their doors.

Some survived, though just barely.

And some see better times just around the COVID-19 corner.

The road to a so-far elusive recovery has been a difficult one for Long Island’s downtown business owners — a preternaturally optimistic group accustomed to high overhead costs, onerous regulations and the daily challenges of managing staff and satisfying customers. In the year since the pandemic started, they’ve endured layoffs, furloughs and steep income losses.

Many no longer exist.

10,000 out of 60,000 Amount of small downtown businesses on Long Island that have closed in the past year, according to

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