Dec 2, 2020 | Business, Uncategorized
Using Depreciation to Control a Loan Forgiveness Tax Surprise December 15, 2020 Many businesses struggling during the pandemic took out Small Business Association Payroll Protection Program loans (SBA PPP loans). The SBA’s willingness to forgive...
Oct 29, 2020 | Business, Uncategorized
How to Walk the Tightrope When Raising Prices November 5, 2020 As a small business raising prices during bad economic times comes with great risk. If you raise prices, you risk losing clients to competitors. If you don’t, decreasing revenue or...
Aug 3, 2020 | Business, Uncategorized
Build a Fortress Defense for PPP Loan Forgiveness August 11, 2020 More than 70% of small businesses in America now have loan proceeds from the Paycheck Protection Program (PPP) to help retain employees during the current pandemic. The entire amount of a...
Jun 30, 2020 | Business, Uncategorized
Small Business Owners Get Good News on PPP Loan Forgiveness July 14, 2020 Congress recently passed the Paycheck Protection Flexibility Act, a new law that clarifies how businesses can qualify to have all or a portion of its Paycheck Protection Program (PPP)...
May 29, 2020 | Business, Uncategorized
Ideas to Help Local Businesses as They Re-Open June 5, 2020 Here are several ideas to help local businesses financially as they re-open their doors: Continue Buying Gift Cards For many small businesses, positive cash flow is the primary factor whether they...
Apr 17, 2020 | Business, Uncategorized
Video: COVID-19 Tax Update April 17, 2020 Tax Deadlines Move to July 15 Applies to individuals, trusts and estates, businesses, and the self employed. Payment deadlines are extended for 2019 income tax payments and self employment tax payments. Families First...