Most people know that CPAs are known for helping people prepare and file taxes. Small business owners who work with CPA firms probably also know that CPAs are in a great position to help with bookkeeping and accounting as well. If you’re new to business (or have...
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The New Stimulus Bill And You—Here’s What You Need To Know
On Sunday evening, President Donald Trump unexpectedly signed the $900+ billion stimulus bill that renews benefits that were already starting to expire. The new law also sends a second stimulus check for up to $600 to qualifying adults and their dependent children...
Changes to the Payroll Protection Program (PPP)
On Friday, June 5, 2020, President Trump signed into law changes to the CARES Act, specifically, the PPP. These changes could make loan forgiveness more attainable for certain business owners. Here are the highlights Borrowers can extend the eight week...
3 Important Record Types You Need to Secure PPP Loan Forgiveness
The Payroll Protection Program (PPP) brought great relief to many American workers and small business owners when it was passed last month. Millions of people have been benefiting from the program and will continue to over the coming months. But did you know...
Payroll Protection Program—What Strings Are Attached?
In the midst of the economic shutdown brought about by the pandemic of COVID-19, small businesses got some good news in the form of the Payroll Protection Program (PPP). According to U.S. Treasury, the PPP initially authorized “up to $349 billion in forgivable...
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How You Can Do Good Even Better (The Essential Role of a Nonprofit Chart of Accounts)
A good nonprofit chart of accounts can help you avoid a lot of confusion and misunderstandings when it comes to keeping up with all of your important financial information. As the director of a nonprofit (or other high-level leader), you regularly provide your board...
What Is The Greenbelt Tax Exemption in Tennessee? (Money Saving Info From Local Tax Pros)
Most of us know someone who has been involved in martial arts even if it is just a relative or the kid of a neighbor or coworker. Those who put in enough time and effort are rewarded by advancing through a system of “belts”, ranked by different colors. Everyone...
Unlock Success: Why Tracking Annual Business Revenue is Essential for Your Service-Based Business
John Dewey once said, “We do not learn from experience…we learn from reflecting on experience.” That is true in life as well as in your business. If you simply work as hard as you can day after day, head down, making sales, and serving customers with excellence, you...
Small Business Tax Tips: The Strategies You Need to Maximize Your Savings
It’s hard enough to run a successful small business these days without having to worry about taxes too. We’re going to go out on a limb here and guess that you got into business to sell the products or services that you’re really good at…not spend all your time trying...
Accounting For Nonprofits (A Complete Guide To What You Need To Know)
Nonprofits exist to make positive improvements in their community (or however far their impact reaches). They meet needs and raise awareness of issues in our world in ways that lone individuals usually cannot. And they are an incredibly valuable part of our society....