Lizzie Fletcher, Congresswoman representing the 7th District of Texas, and Tim Jeffcoat, District Director of the U.S. Small Business Administration Houston District Office, put on a webinar today to provide an update on the SBA programs available for small businesses during the COVID crisis. Ms. Fletcher is hosting these small business webinars with some frequency, …
New guidance on the PPP Loans that actually clears some things up. Let’s hope this is the guidance the lenders were needing to move forward.
The SBA proudly tweeted yesterday that 13,669 PPP (Paycheck Protection Program) loans had been funded for a total of $4.3 billion. Who got those loans? Of my accounting clients working with six different banks (regional and national), none was able to submit an application until late in the afternoon and most were told it would …
Congress just passed a bill mandating paid leave for employees affected by COVID-19. This affects most employers under 500 employees. The good news- you get it reimbursed through a payroll tax credit.
Unfortunately, many small businesses are looking at laying off employees to get through business slowdown caused by COVID-19. Fortunately, your state may offer another alternative that saves you money and keeps your employees.
As things are being cancelled across the United States, businesses, particularly small ones, are concerned about what the future will hold and how it will affect their and their employees’ livelihoods. I think the Covid-19 virus is a threat to our country’s health and health care system and I do think re-evaluating large gatherings is …
Now What? Business Guide for Covid-19 (and -20 and -21) Read More »
Here I am again, attempting to save you from Quickbooks features that can cause you headaches. Or, if not actual headaches, can make your accounting less than accurate. Did you miss Part 1 of our series? Read up on these other most common Quickbooks mistakes! 4 .Don’t “Automatically Apply” In the last post, I told …
Quickbooks has some really great features. It also has some things that drive me absolutely batty. In the attempt to make it “so easy,” the software can also get you in real trouble. So I’m going to tell you the things I run into that have frequently gotten people in trouble (or least made life …
As if your new year wasn’t busy enough, the IRS had the nerve to change the long-time withholding allowance form for payroll that you’ve dutifully filled out for the last 20 years. In 2020, it’s now called the Employee’s Withholding Certificate. What is this form even asking? Do I have to fill out a new …
Make the best use of the time you have available to increase your effectiveness and prevent burnout. There’s only so much of it, so use it wisely.
If you own a small business, the rules of personal financial planning still apply, but you have a few more of them as well. There are more variables and risk involved than being employed. Learn these tips to help you achieve your personal financial goals.
The Balance Sheet is such an important indicator of your business health, but often gets ignored if it’s prepared at all. Learn how to read a Balance Sheet and why you need to have one for your business.
The ultimate quiz to determine if you are ready to start a business.
