by Jackie Anthony | Sep 5, 2024 | Accounting, Blog, Business Taxes, Small Business, Taxes
Beneficial Ownership Information (BOI) reporting was implemented under the Corporate Transparency Act (CTA) and aims to curb financial crimes such as money laundering, tax evasion and terrorist by increasing transparency in business ownership. It came into effect on...
by Jackie Anthony | Aug 20, 2021 | Blog, PPP, Small Business, Taxes
President Trump signed the new $900 billion stimulus bill into law on Sunday December 27 and, as of this morning, it’s all action across the various government departments to translate and implement what is one of the largest bills with 5,593 pages of text! As with...
by Jackie Anthony | Feb 13, 2021 | Accounting, Blog, Bookkeeping, Cash Flow Management, Small Business
Typically, when we start our businesses all we talk about is growth – we want to grow to X number of clients with $Y amount of revenue and loads of cash in the bank before retiring and reaping the rewards of our hard earned efforts – easy, eh? It’s great...
by Jackie Anthony | Jun 7, 2020 | Blog, PPP, Small Business
On Friday June 5, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law and attempts to address some (not all) of the concerns expressed by qualifying businesses and their advisors. As with all things “CARES Act”, there is still more to come –...
by Jackie Anthony | May 20, 2020 | Accounting, Blog, Business Taxes, PPP, Small Business, Taxes
We’re in the middle of May now and many companies are half way through the 8 week period during which they are hoping to gain full forgiveness on their PPP loan. We knew there were some quirks but heck, 75% on payroll costs if staffing remains the same and no more...
by Jackie Anthony | Aug 23, 2018 | Accounting, Blog, Cloud Accounting, Small Business, Virtual Bookkeeping
When you’re running your own business, your money is pretty important. What’s even more important is making sure that your money is yours, and not being wasted on transaction and transfer fees. You’ll no doubt be pretty familiar with those pesky fees that you get...