Accounting, Bookkeeping & Tax Blog

Your small business resource for accounting, bookkeeping, and taxes from our experts.
cares-act-apply-emergency-economic-injury-grant

CARES Act: How to Apply for an Emergency Economic Injury Grant

As the government continues to disperse the funding within the over $2 trillion bill, citizens and employees affected by the COVID-19 pandemic, nonprofits, small businesses, and their employees will reap the benefit. The CARES Act contains a section specifically designated for small business grants and loans. These grants and loans are designed to stimulate the economy […]

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5 Tips to Effectively Manage Remote Employees

Working from home is no longer considered a perk or a new trend for companies to adopt. Rather, remote work has quickly become a necessary way of life to slow the transmission of coronavirus. As companies adapt to social distancing and shelter-in-place orders, you may find yourself in a new position of remotely managing a […]

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CARES Act: How to Apply for the Paycheck Protection Program

Passed nearly two weeks ago, the CARES Act will provide many employees, individuals, and small business owners economic relief. Most of the money in the $2.2 trillion bill is projected to fund hospitals’ nationwide efforts to mitigate COVID-19 pandemic. However, $350 billion of the CARES Act was allocated specifically for small business owners. This will […]

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CARES Act: What is the Economic Injury Disaster Loan?

The novel coronavirus pandemic has changed everything. Conditions are changing daily, and business owners don’t know if they’ll have customers or if they’ll even be allowed to operate from one week to the next.  In this time of uncertainty, many businesses are at risk of having to fold or let employees go. It’s nearly impossible […]

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Is Your State Income Tax Filing Deadline July 15th?

As the crisis around the novel coronavirus upturns everyday life across the United States, the federal government has responded. In addition to the ongoing stream of economic relief packages like the CARES Act, IRS is delaying the regular April 15th income tax deadline for another three months.  The filing and payment deadline has been extended […]

cares-act-whats-new-coronavirus-legislation

CARES Act: What’s in the New Coronavirus Legislation?

After days of tense Congressional debate, several alternative versions, and a contested vote over a previous package, Congress has agreed on and passed an enormous new emergency economic relief bill. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on Friday, March 27. The bill includes over two trillion dollars in […]