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Best Business Practices

5 Topics Every Business Owner Should Discuss with An Accountant

December 15, 2021 by admin

5 Topics Every Business Owner Should Discuss with An Accountant

Your accountant or CPA is a business asset that you should put to good use year-round, not just at tax time. There are several topics beyond taxes that business owners should discuss with their trusted financial professionals. In this article, we cover five of them for you. While the new year is traditionally when business […]

Filed Under: Best Business Practices

Pandemic Is a Wake-Up Call for Underinsured Small Businesses

August 18, 2021 by admin

Pandemic Is a Wake-Up Call for Underinsured Small Businesses

Many small businesses have been devastated by the coronavirus pandemic. Unlike their larger brethren, small companies typically lack the cash cushion or access to funds that bigger businesses enjoy. Even with new programs to help small businesses out, such as the Paycheck Protection Program, many are seeing their resources run dry. A large number of […]

Filed Under: Best Business Practices

Common (and Costly) Payroll Errors and How to Avoid Making Them

May 19, 2021 by admin

Common (and Costly) Payroll Errors and How to Avoid Making Them

Payroll is one of the most important aspects of any business, but it’s one that, when running smoothly, business owners don’t tend to think about; however, when there’s a payroll glitch, it jumps to the forefront of an owner’s mind. Here are several payroll mistakes that can cost you a bundle and how to avoid […]

Filed Under: Best Business Practices

THE CONSOLIDATED APPROPRIATIONS ACT: 6 Ways It May Help Your Small Business

April 20, 2021 by admin

THE CONSOLIDATED APPROPRIATIONS ACT: 6 Ways It May Help Your Small Business

While another stimulus plan waits in the wings, we’re still learning about the impact of the previous one on small businesses. It was a long time coming, but it’s finally here. On December 27, 2020, then-President Trump signed a $900 billion stimulus bill into law, the Consolidated Appropriations Act. Along with many new provisions, the […]

Filed Under: Best Business Practices

PPP Loan Forgiveness in 2021

February 23, 2021 by admin

PPP Loan Forgiveness in 2021

  REFRESHER: What is the Paycheck Protection Program? The Paycheck Protection Program (PPP) is a Small Business Association (SBA)-backed loan to help businesses retain employees during the Coronavirus (COVID-19) pandemic enacted under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Funds can be used for payroll expenses and benefits and some non-payroll related expenses […]

Filed Under: Best Business Practices

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