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 […]
The CARES Act is intended to provide critical support to the many small businesses that form the core of our economy and employ so many individuals. This ambitious package includes so many different measures that it can be frustrating trying to determine what in the new coronavirus legislation is most important for you and your business. […]
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 […]
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 […]
The Families First Coronavirus Response Act is one of several acts passed in response to the COVID-19 crisis but the first bill to directly address the economic crisis and the challenges faced by individual taxpayers and businesses. While the first legislative response focused on emergency preparation and measures in response to the coronavirus, the new […]
Switching from working in an office or at your business to working from home can be a harsh adjustment for some. Many people have found themselves doing just that in recent weeks due to the spread of COVID-19 in the U.S. Do you find yourself suddenly working from home and wondering how you can stay […]
Social media has been around for a while now. It has come a long way since Facebook started in 2004 – growing until Vine turned into Snapchat and Tik Tok. While social media has been around the block, it is far from irrelevant. In fact, now more than ever, savvy small business owners are taking […]
Starting a new business can be exciting – and also daunting. There’s so much to think about right off the bat. What’s your niche? Are you opening a location, or all online? How will you structure your business? Beyond those initial steps of starting a business, there is another one that doesn’t always come to […]
Congratulations! You’ve started your business! After that burst of excitement and glee comes all the considerations; you might be worrying about your responsibilities, taxes, government compliance and reporting deadlines. Here’s a quick start guide to help you work through these elements. First, celebrate that you’ve started something you’ve been considering and bringing it into reality! […]
If you own a small business, you know that every dollar counts. When it comes to tax time, you want to make sure you take all the tax deductions you’re entitled to. Lower taxes means more money you can either put in your pocket or invest back into your business. Check out this ultimate list […]
