In a down economy, making good decisions is critical. These informed decisions should come from accurate financial numbers. Numbers determine which levers to pull to increase your profits. Businesses need to review and analyze their numbers periodically. Many business owners …
Payroll Protection Plan Forgiveness
Were you one of the lucky companies who received Paycheck Protection Program (PPP) funds? If you want to have those funds forgiven, you are required to spend those funds over the next 8 weeks on employee and office costs. Below …
Paycheck Protection Program
There is a new emergency loan program that will provide cash-flow assistance to those small businesses impacted by the current COVID-19 quarantine situation. The Paycheck Protection Program, commonly referred to as the PPP, is a program that is structured to …
Payroll Tax Credits Surrounding the Paid Leave related to Coronavirus
Coronavirus-related paid leave for workers and payroll tax credits for small and midsize businesses Under the Families First Act, small and midsize employers will be able to take advantage of refundable payroll tax credits. This credit will enable employers to …
Answers Surrounding Employees and Closing Down Temporarily
How should I let my employees know we had to temporarily close our doors due to COVID-19? It is always best practice to give your employees as much notice as possible given the situation. If you are closing your doors …
IRS Delays Tax Filing and Payment Deadlines to July 15 for all Taxpayers
IRS delays tax filing and payment deadlines to July 15 for all taxpayers ________________________________________ The Treasury Department and the IRS are providing special tax filing and payment relief to individuals and businesses in response to the COVID-19 outbreak. The 2019 …
Are You Prepared for A Remote Workforce?
As most employers are discovering with the unprecedented disruption caused by the Coronavirus, we should prepare for changing work environments. What we are learning from the COVID-19 pandemic can be applied to other work disruption events such as wildfires, weather …
WHAT EVERY BUSINESS SHOULD KNOW ABOUT SURVIVING COVID-19
We are trying to extend our help in the following areas to all of our clients with the rising uncertainty surrounding COVID-19: • Cash flow planning • Breakeven point analysis • Assisting with cost cutting strategies • Support with applying …