MazumaBusinessAccounting
APRIL 10, 2021
It can be tempting to cut corners when laying the foundation of your business. Most new business owners try to pinch pennies where they can—even in areas they shouldn’t. For almost all businesses, making money is a priority, but how you manage that money is equally important. When you try to manage the accounting and bookkeeping for your business yourself, you may run into trouble.
CTP
APRIL 10, 2021
This post is focused on timing. Why is timing so important? From a tax-saving standpoint, not every dollar of deduction is worth the same amount every year. The savings depend on the taxpayer’s rate at the time the deduction is taken. For example, let’s say that you run a restaurant and your business was really […]. The post New Rules on “Covered Period” – Why is timing so important?
LSLCPAs
APRIL 10, 2021
2020 loans start being due 24 months after the issue date. 2021 loans start being due18 months after the issue date. On Friday, March 26, 2021, the SBA announced that all disaster loans—including COVID-19 Economic Injury Disaster Loan (EIDL) program loans that were made in 2020—will start being due 24 months from the date of. The post SBA’s COVID Disaster Loan Repayments Deferred appeared first on LSL CPAs.
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