How Accounting Services For Small Business Can Help
Effective financial management is a vital component of success for small businesses. Expert accounting services are essential to these businesses’ expansion and financial stability. We’ll look at their priceless assistance and how they may help small businesses succeed in this blog. Navigating Small Business Finances: The Benefits of Professional Accounting Services Small firms frequently need […]
What is Outsourced Accounting and How Could The Service Help You
Effective financial management is essential in the fast-paced commercial world. Outsourced accounting is a concept that is gaining traction among businesses of all sizes. This blog post digs into outsourced accounting, emphasizing its numerous advantages and suitable recipients. Learn how this service can free you from the difficulties of financial management so that you can […]
Alternatives To Quickbooks
Introduction: The Search for the Perfect QuickBooks Alternative Finding the ideal accounting software is comparable to finding a buried treasure chest in the hectic world of small business management. Effective financial management is the key to success for entrepreneurs and owners of small businesses. Since it is so widely used, QuickBooks has long been the […]
Reopening concepts: What business owners should consider
A widely circulated article about the COVID-19 pandemic, written by author Tomas Pueyo in March, described efforts to cope with the crisis as “the hammer and the dance.” The hammer was the abrupt shutdown of most businesses and institutions; the dance is the slow reopening of them — figuratively tiptoeing out to see whether day-to-day […]
PPP Flexibility Act eases rules for borrowers coping with COVID-19
As you may recall, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) back in April to help companies reeling from the economic impact of the COVID-19 pandemic. Created under a provision of the Coronavirus Aid, Relief and Economic Security (CARES) Act, the PPP is available to U.S. businesses with fewer than 500 […]
Adjust your expectations of business interruption coverage
A natural place to turn when disaster strikes is insurance. The very reason you pay premiums and deal with the paperwork is to have these risk management policies in place when necessary. But, when it comes to business interruption coverage, you may have to adjust your expectations if you intend to file a claim because […]
The CARES Act liberalizes net operating losses
The Coronavirus Aid, Relief, and Economic Security (CARES) Act eliminates some of the tax-revenue-generating provisions included in previous tax laws. Here’s a look at how the rules for claiming certain tax losses have been modified to provide businesses with relief from the novel coronavirus (COVID-19) crisis. NOL deductions Basically, you may be able to benefit […]
SBA offering loans to small businesses hit hard by COVID-19
Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small businesses face particular difficulties in that, by definition, their resources — human, capital, and otherwise — are limited. If this describes your company, one place you can look to for some assistance is the Small Business […]
Do you run your business from home? You might be eligible for home office deductions
If you’re self-employed and work out of an office in your home, you may be entitled to home office deductions. However, you must satisfy strict rules. If you qualify, you can deduct the “direct expenses” of the home office. This includes the costs of painting or repairing the home office and depreciation deductions for furniture […]
Digital documents with e-signatures aren’t going away
Have you applied for a business loan lately? Or had some repairs done on your facilities? Maybe you’ve signed a contract with a certain technologically inclined customer or vendor. In any of these instances, you (or one of your employees) probably had to electronically sign a digital document. So, the next question is: Why isn’t […]
