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What You Need to Know About the Economic Impact Stimulus Check Coming Your Way

The IRS began depositing coronavirus stimulus relief checks this week but many still have questions about the payments. Here’s what you need to know. How much will I receive? Individuals reporting a gross adjusted income up to $75,000 a year will be eligible to receive a $1,200 check. Check amounts decline for reported incomes over …

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Tax Incentives in the CARES Act as I Understand Them

Everybody is talking about the Loans available to small business owners for disaster relief.  I want to make sure that you are also aware of the several tax incentives for employers through the payroll tax system. The CARES Act included the following tax provisions: Employee retention credit: A $5,000 refundable payroll tax credit for certain employers …

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A Guide to the CARES Act As I Understand It

I preface this article with the ascertain that I am not an expert.  At this point there aren’t any; not even the people putting the process together.  HR 748  aka the CARES Act was signed Friday and the powers that be are still writing, planning, and deciding the specifics.  Keeping that in mind, I have …

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America's Cash Flow Crisis

The statistics revealed in the latest “The State of Small Business Cash Flow”, a global study conducted by Intuit (the makers of QuickBooks)  are STAGGERING! Results indicate that 61% of small businesses around the world struggle with cash flow.  It’s not surprising then that poor cash flow is the reason 50 percent of small businesses …

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Can You Run A Better Business?

No matter how good business is, successful owners are always asking themselves “How can I run a better business?” You already know that consistent evaluation is a must if you want to fuel growth and become more profitable. After all, what gets measured gets managed, right?  Most industries are excellent at telling us how to …

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