Gift CPAs Names MaryAnne Reynolds as New Firm Partner
Mechanicsburg, PA — Gift CPAs, a leading small business accounting and advisory firm headquartered in Mechanicsburg, recently named MaryAnne Reynolds as Partner. Reynolds joined Gift CPAs in 2016 with over 15 years of Marketing experience. She oversees the strategic marketing initiatives and branding efforts as well as the cultural programs of the firm. Upon hire, Reynolds […]
PPP Loan Forgiveness
You have spent all of your PPP loan monies and now you want to apply for forgiveness to complete the process. You may want to consider delaying the submission of your forgiveness application for a few reasons: We are expecting additional legislation related to the forgiveness of the PPP loans in the next congressional bill […]
Top 5 Accounting Challenges Small Businesses Face
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 the challenge – especially […]
SBA Releases New PPP Applications
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 period. It also reduced the amount required to be spent on […]
Paycheck Protection Program Reform Bill Coming
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 forgiveness of the loans. Following is a […]
Finance Budgeting for Growth
Running a construction business is more complex than making sure cash is coming in and bills are being paid, unfortunately. While a solid foundation of cashflow is a big piece of the puzzle, to keep your construction business growing at a steady pace you’ll have to balance your finances with both efficient operations and […]
Important EIDL Advance Program Update
As we continue to monitor updates to the recent legislation in Washington, we learn just how quickly things can change. This morning we learned that the U.S. Small Business Administration’s Massachusetts District Office announced that, nationwide, the SBA has decided to implement a $1000 cap per employee on the EIDL Advance, up to a maximum […]
Business Survival Guide for COVID-19 Outbreak
We are facing uncertain times… COVID-19 is forcing all businesses to adjust in a multitude of ways. Many business owners are rightfully concerned what this means for their companies as they navigate this unprecedented period. Our mission is to help you thrive. Consider the provisions listed below to protect your business, employees, and financial future. […]
CARES Act and Other Stimulus for Individuals
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 […]
COVID-19 Program Updates
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 […]