Remove blog accounting steps-apply-business-loan
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Tax Season 2024- Get Your Books Ready in 6 Steps

Shay CPA

Plus, getting things in order before you go to your accountant can streamline the process, helping you avoid extra expenses like troubleshooting services from your bookkeeper or rush-order billable hours with your CPA. If that sounds good, follow these steps to get your books ready for your 2024 tax filings. #1:

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Amortization in accounting 101

ThomsonReuters

Jump to: What is amortization in accounting? These assets vary depending on the type of business, but they often include such tangibles and intangibles as office buildings, corporate vehicles, computers, patents, copyrights, and trademarks. Some assets will fall under amortization accounting. What is an amortization schedule?

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That’s a wrap for Xero Roadshow Singapore!

Xero

What an incredible day it was, meeting the more than 750 accountants and bookkeepers who showed up to engage with the community, share their knowledge and expertise. The theme of this year’s event, One Step Ahead, focused on discussions around competitiveness and guidance for partners on getting ahead in today’s challenging climate.

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How advisors can support small businesses to access finance

Xero

Small business lending, and in fact lending in general, has had a lot of recent focus – through the Royal Commission, the government support initiatives during COVID-19, RBA rate changes and the work of the Small Business Ombudsman. . Before submitting a loan application, ensure your client’s data is correct in Xero.

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EIDL Loan Increase Update: New Email From SBA on How To Get Approved – 150k to 500k

LyfeAccounting

We have an exciting update for you about the EIDL loan that you don’t want to miss. EIDL Loan Increase Amount. The SBA just expanded the EIDL loan in two major ways: 1. First, the max loan amount was increased from a $150,00 max loan amount to a max loan amount of $500,000. Email from SBA on Loan Increase.

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New SBA PPP Loan Forgiveness Portal | Apply for Forgiveness Easier

LyfeAccounting

The SBA recently launched a direct PPP loan forgiveness portal in an effort to streamline the loan forgiveness process. This is really good news, in our opinion, especially if you applied for the first or second draws of the Paycheck Protection Program. Now it was set up to be a “forgivable” loan. PPP Overview.

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How to Apply for PPP Loan Forgiveness: Here’s What We Did

LyfeAccounting

Today, we’ll talk about how to apply for PPP Loan Forgiveness. So we’re going to immediately assume that you know what the PPP or the Paycheck Protection Program is and you already have a loan. So when the United States started lockdowns back in April, businesses needed a bridge to cover their costs until the economy reopened.

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