PPP Loan Forgiveness Can Be Done Early, But With A Catch
As states across the US are starting to reopen, the Payment Protection Program has been a saving grace to thousands of businesses. It has helped prevent a full-scale employment crisis across the country as companies could continue paying employee wages. Top Accounting...
PPP Forgiveness Changes Explained
The Payroll Protection Program by the Trump administration is a godsend for businesses during this COVID-19 pandemic. Just two weeks from its launch, over 1.6 million businesses have enjoyed its benefits. Since then, the Small Business Administration and Senate have...
Personal Accounting For Senior Citizens
Accounting plays a big part in every person’s life. Unfortunately, many of us fail to understand its importance. It is especially true for senior citizens. Whether you’re still working or enjoying retirement, learning basic accounting skills will help you improve you...
Women: Redefining The World Of Finance
Fifty years ago, it was rare to see a woman on top of a financial empire. The financial industry often sidelined fifty percent of the population. The general population then saw money as something of a man’s world. Fortunately, movements like the #MeToo movement have...
What You Need To Know When Investing In Stocks
Creating wealth may come in different forms. Many choose the path of setting up their own enterprises. However, this option can be very risky, especially for people with minimal capital. For this reason, trading corporate stocks has become more and more popular in...
Deductibility of Payroll Protection Program (PPP) Expenses
The coronavirus pandemic has placed millions of businesses and employees in peril. To augment this problem, the government has placed various policies to help enterprises to stay afloat. Some of these policies, however, bring about some questions and issues regarding...
PPP Helps Businesses Pay Employees During COVID-19 Pandemic
The COVID-19 has impacted the United States economy in extraordinary ways. Since the start of the pandemic, the Department of Labor has recorded at least 26 million Americans filing for unemployment. One of the most common reasons for businesses to let go of employees...
Accounting For Employee Sick Leaves In The US
The current COVID-19 pandemic has shown the importance of sick leaves for employees and employers alike. It has also started debates on the viability of requiring employers to provide a set number of paid sick leaves annually. In this article, we will focus on the...
Surviving The COVID Pandemic For Businesses
The current COVID-19 pandemic highlights the vulnerabilities in the United States’ business sector. With the current lockdown in place, it shows how massive our economy can plunge when almost all establishments shut down. This problem shows us that preparation is key,...