Nonprofits rely extensively on donations and grants to fund their stated work. In return for their charitable activities and services, they generally enjoy significant tax benefits. To help keep all the
Continue readingWhen you run a business, you hope that your employees will take pride in the work they do for you. But even the best bosses can find themselves with unscrupulous workers. And financial fraud in your business
Continue readingAs your bookkeeper is busy wrapping you up for the end of the year and getting w9s for your contractors, we are finally seeing some glimmer of financial relief for small business owners. As most readers
Continue readingMany business owners grow accustomed to having flexible deadlines in their work. Sometimes dates must change due to product delays or client wishes. But when it comes to taxes and the 1099 deadline, there
Continue readingEven in the best of times, many people enjoy setting intentions and resolutions when a new year rolls around. And under challenging circumstances such as we’ve seen in 2020, looking forward to a fresh
Continue readingFor all the businesses that received PPP funds, and an EIDL Advance this year, we are seeing many ways to handle this revenue. We have been booking everything as a current liability. Then, as they are
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