Debt! It’s like cinder blocks chained to your ankles as you attempt to maneuver about your day. Debt weighs you down. It prevents you from moving forward at the pace you desire. We want debt eliminated from your business as much as you! The principal portion of your debt...
Your First Draw PPP Loan is almost gone? You may now apply for a Second Draw! Upon consulting with the U.S. Treasury Department. the Small Business Administration (SBA) started accepting new applications for the Second Draw PPP Loans on January 13, 2021. The SBA has allocated a total of...
Listen about how Profit First and the Pumpkin Plan’s strategies can help you elevate your business and take it to the next level. When I was in college, I decided to do a deep dive to see what the common denominator was for successful business owners – throughout history...
If you like excelling financially, I hope you have heard of Profit First. Small business owners like you are transforming their companies into consistent, profit-generating operations. This concept, founded by small business finance expert Mike Michalowicz, is slowly growing in followers. Once you become familiar with its fundamentals, it’s...
It’s always challenging to run your own business, and the current coronavirus outbreak doesn’t make it any easier. With several issues concerning supply and demand, many businesses are having problems with their cash flow. Some businesses have shut down completely while others suspended operations to cut losses. If your...
February 1 – Tax Appointment If you don’t already have an appointment scheduled with this office, you should call to make an appointment that is convenient for you. February 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20...
401(k), Accounting Terms, AMT, Automotives, Business Expenses, Buying a home, cashflow, casualty losses, charity, College, credit, death, divorce, Education Planning, Employee, Finance, For Business, Friendly Reminders, Growing Your Business, Home and Mortgage, Home office, infographic, Tax Credit, Tax Deduction, Tax Planning, video
February 10 – Non-Payroll Taxes File Form 945 to report income tax withheld for 2019 on all non-payroll items. This due date applies only if you deposited the tax for the year in full and on time. February 10 – Social Security, Medicare and Withheld Income Tax File Form...
401(k), Accounting Terms, Automotives, Business Expenses, Buying a home, cashflow, casualty losses, College, credit, death, divorce, Education Planning, Employee, Finance, For Business, Friendly Reminders, Growing Your Business, Home and Mortgage, Home office, infographic, Tax Credit, Tax Deduction, Tax Planning, video
Article Highlights: New California Legislation Employee or Independent Contractor Dynamex ABC Test Impact on Employers Impact on Workers Safe Harbor The California legislature recently passed landmark labor legislation that essentially makes it very difficult, if not impossible, for a worker to be classified as an independent contractor (self-employed). Governor...
401(k), Accounting Terms, AMT, Automotives, Business Expenses, Buying a home, cashflow, casualty losses, charity, College, credit, death, divorce, Employee, For Business, Growing Your Business, Home and Mortgage, Home office, infographic
Article Highlights: Eligible Plans Eligible Expenses Qualification Rules Credit Amount On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including retroactively extending certain tax provisions that expired after 2017 or were about to expire, a number...