Blog Posts

You don’t want to lose it. For any nonprofit organization, the path to gaining a 501(c)(3) status is difficult, whether it was last year or last century. It’s important to do everything you can to hang on to that tax-exempt status, for reasons from funding to operations to, well, taxes. Here, we’ll walk
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If you are a small business owner, you wear a lot of hats: Human Resources, Customer Support, Marketing, Accounting…the list goes on. All of these hats can lead to some incredibly long hours – taking away precious time from running your business. Accounting is often an area that creates quite
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Small business taxes are not for the weak of heart. The deadline for paying estimated business taxes previously due April 15 has been moved to July 15, and estimated tax payments due June 15 are now also extended through July 15. Even with those extensions, there is always the question of: should I try
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Earlier this week the SBA released a few items of guidance regarding the recently enacted Flexibility Act and new forgiveness applications.   As a reminder, the Flexibility Act extended the PPP forgiveness period from 8-weeks to 24-weeks. Borrowers still have the option of using an 8-week forgiveness
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Cash or property? If you have used or invested in cryptocurrency, such as Bitcoin, the taxes may not be as straightforward as you think. Taxes are what we know best, and we’re here to walk you through the layers of filing your taxes when owning cryptocurrency. What is cryptocurrency? Cryptocurrency is a
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The U.S. Senate passed the House version of the Paycheck Protection Program (PPP) and the President is expected to sign it. The updated legislation, passed Wednesday night, will triple the time allotted for small businesses and other PPP loan recipients to spend the funds and still qualify for
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