Accounting Tips for Entrepreneurs
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Simple, plain language tax tips for small business owners, entrepreneurs and individuals. Transform your tax return from something scary to something easily understood. Pick up business organization and bookkeeping tips as well.
Accounting Tips for Entrepreneurs
8M ago
Many small business owners have now received proceeds from their Payroll Protection Program (PPP) loan. These individuals at now looking at how they can maximize the amount of loan that can be forgiven. This episode gives the guidance provided by the Loan application published on May 15th, 2020 ..read more
Accounting Tips for Entrepreneurs
8M ago
Now that small businesses have started to receive proceeds from their Payroll Protection Program (PPP) loans, how does forgo the forgiveness portion work? In other words how can businesses avoid having to pay back the proceeds? We have some answers now, but many questions remain. This episode discusses both what we know so far and questions that must be addressed in the very near future ..read more
Accounting Tips for Entrepreneurs
8M ago
The CARES Act, the new law that passed on March 27, 2020 contained provisions to assist small businesses and individuals through the Coronavirus pandemic. The Paycheck Protection Program (PPP) was the largest small business program in the law. This episode explains the changes that have taken place since the law was adopted ..read more
Accounting Tips for Entrepreneurs
8M ago
The a tax Cuts and Jobs Act changed many laws in 2018 and the SECURE Act both implemented new legislation as well as extended some important provisions of the law previously allowed to expired at the end of 2017. This episode explains the most pertinent aspects of these changes and extenders ..read more
Accounting Tips for Entrepreneurs
8M ago
The SECURE Act passed in December of 2019 extended a number of expired provisions that help taxpayers. Additionally, provisions were added which mostly helped taxpayers. This episode explains the most important provisions ..read more
Accounting Tips for Entrepreneurs
8M ago
In December of 2019 a new tax law was passed that has major provisions affecting retirement plans. This episode highlights the provisions most likely to affect you ..read more
Accounting Tips for Entrepreneurs
8M ago
As the owner of a business, you have many facets that you are required to manage. Are you allocating you’re time properly between them? In other words, are you using your time in the most effective way possible? If not, this can wreak havoc on your business ..read more
Accounting Tips for Entrepreneurs
8M ago
Most individuals open their own business because they are excited to sell their product or service. Very often they are not prepared for all of the regulations and paperwork that follow and it causes them to feel overwhelmed. This episode discusses how to alleviate the stress ..read more
Accounting Tips for Entrepreneurs
8M ago
There are a variety of legal settlements that taxpayers may receive. Some legal settlements are taxable and some are not. This episode eliminates the mystery and explains when a legal settlement is taxable income and when it is not ..read more
Accounting Tips for Entrepreneurs
8M ago
Required Minimum Distributions (RMDs) were placed into law to make taxpayers with income in retirement plans, which they have not yet paid tax on, to start taking this money and pay tax on it. This can increase your income and under the new tax law with it’s higher standard deductions an itemized deduction to a charitable organization may not yield any benefit. This episode explains a way to net your RMD with a charitable deduction ..read more