Up To The Minute PPP news...Opps No Time
Monday, May 11
There has been a lot of recent chatter about the PPP money, who got it, who didn't, and even if some companies should pay it back. Well, I have some thoughts on this for you today, but ultimately, you will have to be the one who makes this decision. It's an easy decision if you desperately needed...
Time For Some Good News
Monday, May 11
It feels to me that we're all in need of some good news. I have some great news for the young (ish) and the old (ish), but before I get there, I'd like to encourage EVERY person who is reading this: Keep your head in the game. Yes -- we can so easily get caught up in seemingly nefarious schemes o...
PPP Forgiveness and Your Taxes
Monday, May 04
Well, if you were wise, you probably saw this coming. Turns out ... if you received a PPP loan, that the expenses you pay from the proceeds of this (forgivable) loan ... are not deductible for businesses. Ouch. The IRS just released new guidance to this end (which is being protested by CPA associ...
Seperating Myth From Fact
Monday, May 04
Now, more than ever, it's important to keep your mind clear. With so many of us spending more time than ever online and on our devices, there are even more opportunities for falling -- no, DIVING -- into rabbit holes of distraction and unproductive emotion. I ran across this website, over the we...
The Next Phase Begins...NOW
Monday, April 27
The second round of PPP funding began this Monday at 9:30AM Eastern. This funding was $322B (as opposed to the first at around $349B). The first round of $349B funded 1.6MM businesses. As for those who were waiting on that first round, the SBA hasn't shared recent numbers, but the last time they ...
Scammers Are Everywhere Right Now
Monday, April 27
Anytime (like now) that there is a rollout of government assistance, you can count on two things: 1) Bumps in the road (it's hard to manage many millions of people needing help) 2) SCAMS I haven't yet heard of any of my clients or friends being taken in by this stuff, but I did want to aler...