Taking A Business From Loss To Profit
One client of ours had a service-based business with a business partner. They maintained separate parts of the business…
One client of ours had a service-based business with a business partner. They maintained separate parts of the business…
As usual, this is a long blog. Sorry! There’s just so much to share with you. Take a few minutes and read through this please – it’s important stuff, especially if you haven’t filed your PPP loan application yet. It’s a gross understatement to say that the CARES Act and the Interim Final Rule lacked…
Sometimes all our clients need is a little guidance. One of our clients switched from being a W2 employee to a 1099 sub-contractor and as a result we were able to create a business, specifically an S-Corporation for him.
I was on the phone until almost 11pm last night talking with several different bankers about the PPP loan program. The US Treasury and SBA issued a 31 page “Interim Final Rule” (LOL – kind of an oxymoron, no?) yesterday afternoon at about 4pm. There are some clarifications in it, and a couple small changes:…
We’ve received a lot of questions the last couple days about PPP Loan Do’s and Don’ts. Here are some of the most common questions that we believe you all need to know about: Can I include my 2019 1099-MISC contractor payments in my “Payroll Costs?” Yes! The CARES Act has two subsections for the definition…
We are very happy to inform you that the online application for the PPP loan has finally been published. Download Here COVID-19 and the CARES Act are putting employers in situations where solutions are unclear. We want to help bring some clarity to the table. Over the past few days, we have received a lot…
Good news! Just in the last hour the House passed HR 748 – CARES Act and the President has signed it. The bill, as it pertains to small businesses, remained unchanged from. Here are the final terms: The maximum loan amount from a 4X factor to a 2.5X factor Rent and utility payments are included…
Sometimes it’s the little things that make the biggest difference. One of our team members ended up connecting with the founder of a successful e-commerce business at a local coffee shop.
QuickBooks has become one of the most popular accounting softwares around. While it’s fairly easy to use there are so many useful, time-saving shortcuts that many people don’t know about.
One of our clients had sold their business and moved from their hometown. When they moved, they couldn’t forward all of their mail from their business to their new address…