Friday’s need-to-know money news

Today’s top story: 3 business loan application mistakes and how to avoid them. Also in the news: New tax reporting requirements and the five stages of a market bubble.

3 Business Loan Application Mistakes and How to Avoid Them
When applying for a business loan, choose the right lender, organize your paperwork and seek advice from financial professionals.

Sold $600 on Peer-to-Peer Apps? Expect a New Tax Form
Apps like PayPal and Venmo are subject to new tax reporting requirements as of Jan. 1. Here’s what’s changing for small businesses.

The Five Stages of a Market Bubble (and Where Crypto Stands)
Just because the blockchain may be here to stay doesn’t mean the current crypto market isn’t circling the drain.

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