Recent Posts
We are facing uncertain times… COVID-19 is forcing all businesses and individuals to adjust in a multitude of ways. We all are rightfully concerned what this means as we navigate this unprecedented period. Our mission is to help you thrive. Details are changing rapidly, but below is the latest on what we know. Please share …
Continue reading “CARES Act and Other Stimulus for Individuals”
We hope that everyone is staying safe and healthy through this difficult and challenging time. We continue to service everyone either from our homes or, for a few of us, our offices. The COVID-19 health crisis is now in its third week and Paycheck Protection Program (PPP) applications are moving at a hectic pace. We are …
Continue reading “COVID-19 Program Updates”
The Paycheck Protection Program (PPP) application process will roll out in two phases, one week apart. As a reminder: On April 3, 2020, small businesses and sole proprietorships can begin applying for these loans through their SBA lender. NOTE: At 12:01 AM, on April 3, the SBA website will go live to accept PPP applications. It is vital to submit your …
Continue reading “Are You Applying for the Paycheck Protection Program (PPP)?”
What employers need to know: Emergency Paid Sick Leave Act and the Emergency Family, Medical Leave Act, Updated Dates for Tax Filings and Gift Offices Update Emergency Paid Sick Leave Act The Act requires that employers with 500 or fewer employees (used to be 50 or more) provide paid sick leave to all employees for any …
Continue reading “COVID-19 Update: What Employers Need to Know”
Your wellness, health & safety are our concern. With recent reports of the Novel Coronavirus (2019-nCoV) in Pennsylvania, we recognize the importance of pandemic preparedness and overall safety of our staff and clients at our offices. While pandemics are unpredictable in their timing and severity, there are a number of precautionary measures we can take to protect …
Continue reading “Firm Update: Novel Coronavirus (2019-nCoV)”
Everything goes more smoothly with a defined process and responsibilities. If you’re working through organizing your nonprofit’s structure, setting up clear financial guidelines and structure can seem daunting. But with the right procedures and roles in place you can create transparency with your stakeholders, staff, donors, and those you serve. You can also increase trust …
Continue reading “Financial Guidelines and Structure for Nonprofits”
It can show more than just your profits. While every business owner should be familiar with the basic financial statements, including your balance sheet and cash flow statement, you can also use these statements to help guide your strategy. The income statement, also known as your profit and loss statement, can tell you much more …
Continue reading “Financial Reporting: How Segmentation Can Grow Your Business”
Our team of experts is here to answer your questions and help you run your business as efficiently as possible. Check out their answers below to some of the questions we most frequently hear. How often should a small business owner meet with their accountant to discuss business taxes? I prefer to meet with clients …
Continue reading “Ask The Experts”
Running business operations is not for the faint of heart. So many layers dovetail together: scheduling, accounts receivable, inventory, accounts payable, tracking time, point-of-sale processing. It can seem rather endless. Good news for the many small business owners who use QuickBooks: there are many, many apps to support your operations and free up your time …
Continue reading “Accounting, Apps, and Operations”
One of the most powerful ways to show appreciation to an employee: a bonus for their hard work. Whether your company is going gangbusters because of their work, they’ve really been putting in extra effort, or even a strategy they were part of is taking off, paying a one-time bonus can bring the team together …
Continue reading “Bonuses: What, Why, and How-To”