Navigating Restaurant Finances: Do You Need a CPA, Bookkeeper, or Both?
As a restaurant owner, you are accustomed to preparing delicious dishes that keep your guests coming back for more. Yet, behind the scenes, another critical ingredient to your restaurant’s success lies in the world of finances. In this blog, we explore essential financial ingredients — Certified Public Accountants (CPA) and bookkeepers — and how to […]
Maximizing Success: 5 Key Discussions Every Business Owner Should Have With Their Accountant
When running a business, managing your finances effectively is essential for success. While many business owners understand the importance of hiring an accountant, they often forget to communicate with them regularly throughout the year. Beyond tax season, your accountant can serve as a trusted guide and advisor who provides you with valuable insights to optimize […]
Gift CPAs Expands Practice with Acquisition of Harrisburg Accounting Firm
Harrisburg, PA — Gift CPAs, a leading small business accounting and advisory firm headquartered in Mechanicsburg, is pleased to announce the expansion of its Harrisburg office location with the acquisition of CLN Accounting LLC, which has been serving Harrisburg and the surrounding communities since 1988. “I am pleased to welcome Alan Ceperich and his experienced […]
Gift CPAs Announces Promotion
Mike Sherman Promotion Gift CPAs is excited to announce that Mike Sherman has been promoted to Senior Accountant. This recognizes Mike’s significant achievements as well as his dedication to our firm’s growth and core principles. Mike is a valued member of the Gift CPAs team and a key contributor to our sustained success. Mike will […]
Restaurant Revitalization Funding Program (RRF)
The Small Business Administration (SBA) is preparing to launch the Restaurant Revitalization Funding Program (RRF). In order to help you apply, we have outlined some general information about the program below. Basic information about the RRF: What is the RRF? It’s a new federal program established under the American Rescue Plan Act (ARPA) that was passed on […]
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 […]
QuickBooks Online: How it Can Help Your Construction Business
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 […]
Are You Applying for the Paycheck Protection Program (PPP)?
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 […]
COVID-19 Update: What Employers Need to Know
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 […]