I know there are several small businesses out there that are receiving money from the PPP loan and there are even more that are in line to receive money in the second round. If you’ve applied for this loan or are considering it, remember, the purpose of this loan is to save jobs! I also […]
In 2017, the Tax Cuts and Jobs Act eliminated carrying back of Net Operating Losses (NOLs). However, with recent economic hardships from the Coronavirus, new provisions in the CARES act now waive that and businesses can now carry back a NOL arising in a taxable year beginning after Dec. 31, 2017, and before Jan. 1, […]
The last few weeks have been extremely stressful for business owners across the world but not to fear, this won’t last forever. I want to fill your financial toolbox with the information you need to pull through the next few months and come out on top when this storm blows over. So let’s dive right […]
Ok, this is going to be a long post but it’s an extremely important one for business owners of all sizes. Today, we are going to talk about cash flow forecasting. The main reason I chose this topic today is because of the current situation that has business owners across the world wondering if they […]
Let’s face it. Whenever someone mentions the word bookkeeper we all start to yawn and think “How boring. Who wants to crunch numbers all day?” Well, the answer to that question is… Me, I want to crunch numbers all day. But being a bookkeeper is SO much more than just crunching numbers or counting beans. […]