The PPP Debacle: You Are Not Alone

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 be two to Read More

Families First Coronavirus Relief Act

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. Read More

Layoff Alternatives During COVID-19

Alternatives to COVID-19 Layoffs

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. Read More

Now What? Business Guide for Covid-19 (and -20 and -21)

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 the right step Read More

7 Most Common Quickbooks Mistakes (Part 2 of 3)

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 you why I Read More

7 Most Common Quickbooks Mistakes (Part 1 of 3)

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 more difficult). I’m Read More

WTF W-4!!!

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 one? Why are Read More

Get Control of Your Time

businessmen with clock

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. Read More

Tax Rate Changes for 2020

IRS has released the 2020 rates and limitations. Let’s review the major ones. Read More

Affordable Care Act 2020

The Affordable Care Act (ACA) has a lot of regulations regarding health coverage (2,049 pages worth). Let’s narrow it down to what applies for small business employers and changes for 2020. Read More