We were notified late Sunday about some new IRS and SBA rules that will effect a great number of small business owners who applied for and took advantage of the PPP Loan. The IRS is changing the rule for who can qualify to receive the PPP Money. If you fall into the “I guess I […]
An Update on SBA Loans & Grants, COVID-19 PPP Loans, and More
Everything continues to change from day-to-day as our government, systems, banking institutions and community resources are just trying to keep up with community concerns and demands. So, I wanted to give you a few more updates that could effect your business and personal budgets when it comes to the ever-changing SBA Loans/Grants. A Timely Update […]
UPDATE (3/20/2020): Budgets, Taxes and Coronavirus – Oh My!
This is a new experience for many homes and small businesses today as we continue to try and navigate the growing concerns of budgets, taxes and the coronavirus. But, we’ve been here before. We may not have had to deal with coronavirus before, but we have seen economic scares in the face of disease and disaster […]
Using Retirement Plans to Reduce Taxes
One of my favorite ways to reduce taxes, is investing in your future. When you buy equipment, the average savings for taxes is $3 for every $10 you spend; leaving $7 for taxes. So, only buying equipment if you absolutely need it is the way to go. When you set up a SEP or Simple […]
The Importance of Board Meeting Minutes
Corporations already know they need to prepare meeting minutes and have them available to auditors, but did you know limited liability companies (LLCs) should also have meeting minutes? What exactly are meeting minutes; what are they comprised of and when should they be taken? And who should be at the meeting and what if you […]
