If you are a business owner, you know that one of the key components to running your business successfully is having your finances in order. Your business’s financial data must be up to date and accurate so that you can…
The Paycheck Protection Program PPP is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The PPP is intended to provide American small businesses with eight weeks of cash-flow assistance to cover payroll and other costs through forgivable,…
The world has changed dramatically over the last few months due to the Coronavirus pandemic. Many existing small businesses are changing gears and revamping their services and offerings and many new businesses are being started. It is important to have…
The Economic Injury Disaster Loan (EDIL) advance or EDIL Grant is free money from the federal government to help offset the financial hardships due to the COVID-19 pandemic. This loan, while backed by the Small Business Administration (SBA) is also…
You can’t turn on the news these days without new legislation affecting everything we know about doing business during the Coronavirus pandemic. Navigating through new legislation can affect almost every facet of your business. During this time of uncertainty, your…
Many small business owners feel lost in the shuffle when it comes to securing a Paycheck Protection Program (PPP) loan. The program was created to help small businesses stay open and continue to pay employees for up to 8 weeks,…
As part of the recently passed $2.3 trillion economic lifeline package, the Paycheck Protection Program will provide forgivable loans to small businesses due to the unprecedented economic disruption caused COVID-19. CPA Accounting & Tax Services has outlined important items you…