Recent Posts
A couple new interim final rules were issued late Friday giving additional details on forgiveness. The rules didn’t make needed changes to either the eight-week period during which PPP funds must be spent to qualify for forgiveness or the rule requiring PPP borrowers to spend at least 75% of the funds on payroll costs to …
Continue reading “PPP Forgiveness Guidance Issued as Congress Mulls Changes”
As a small or midsize construction company, you likely have many expenses. Whether it’s payroll, materials costs, equipment maintenance, change orders, fleet maintenance, or anything else, it’s important to keep track of every detail for project and operations expenses. But a) where do you find the time to keep track of every little detail and …
Continue reading “Track Expenses with the Right Construction Project Software”
In the construction world, it’s more than equipment orders and skilled manpower. It’s also scheduling logistics, change orders, project estimating, subcontractor management, and invoicing customers. It can feel impossible to juggle the amount of work needing to be completed for each job site, much less the administrative oversight. Working with an accounting …
Continue reading “QuickBooks Online: How it Can Help Your Construction Business”
Managing your operations shouldn’t come at the expense of draining your energy and time, taking away from your passion of serving those you help as a nonprofit. Sometimes, though, running the day-to-day of a nonprofit, such as tracking donations received and managing accounts payables can be not only overwhelming but also time-consuming. The right software …
Continue reading “Why a Nonprofit Organization Should Use QuickBooks”
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, H.R. 748, contains a host of tax measures as part of a $2 trillion aid package designed to help the economy as it suffers from the effects of the coronavirus pandemic. While the focus of the legislation is not tax, a large number of tax provisions …
Continue reading “The Coronavirus Aid, Relief, and Economic Security (CARES) Act”
Updated Coronavirus Information Thank you for your patience as we adapt to these fast changing and challenging times. We’d like to update you on a few items from our last communication. Emergency Paid Sick Leave Act and the Emergency Family Medical Leave Act – Small Business Exemption The legislation passed by Congress and signed by the …
Continue reading “Small Business Exemption, SBA Funding, PA Tax Deadline Extended”
Did you know the sales taxes you charge have a new requirement? If your restaurant or food service business partners with Uber Eats, as of July 1 of this year, there’s a big change regarding sales tax. In Pennsylvania (and many other states), Uber Eats is now required to calculate and collect sales tax on …
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The present and the future. Good employers care about their employees – not only their current circumstances and their work responsibilities, but also their futures. But for small businesses, offering retirement benefits may be challenging. Even if you want to offer such a plan, deciding which one may be a good fit can be confusing. …
Continue reading “Which Type of Retirement Plan Should You Offer?”
Sometimes you think to yourself: This would be great to have documented somewhere. When you’re running a small or mid-size business, especially one that’s growing, it can be hard to keep up with structures operationally as you’re bringing work in the door and managing clients and projects. But you may be noticing that documenting procedures, …
Continue reading “When Operations Call for an Employee Handbook”
As another year is drawing to a close and tax season is just around the corner, Gift CPAs would like to share the following information and list of tax tips with you to help with year-end tax planning. Retirement Accounts Consider investing in an IRA. You have until April 15, 2019 to make the payment. …
Continue reading “Year-End Tax Planning Advice”