by somichcpa | May 27, 2020 | Business, Corporate Taxes, Individual Taxes
Are you one of the now 33% of Americans who work as either an independent contractor or freelancer? If you answer yes, you are now a participant in the gig economy, a modern term for an economy characterized by workers who earn money through short-term contracts or...
by somichcpa | Apr 11, 2020 | Business, Corporate Taxes
Families First Coronavirus Response Act provides worker benefits The Families First Coronavirus Response Act is a new law passed last week that offers COVID-19 assistance for both employees and employers. This new law provides businesses with fewer than 500 employees...
by somichcpa | Mar 30, 2020 | Business, Corporate Taxes, Individual Taxes, Retirement Planning
To date, we have helped 58 business owners, and families navigate through the CARES Act. And yes – it’s LAW. But we are still WEEKS away from this law becoming implemented fully. We must be proactive through this entire process! We’ll keep you updated daily via...
by somichcpa | Mar 19, 2020 | Business
The U.S. Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). We can assist you...
by somichcpa | Feb 25, 2020 | Business
Focusing solely on sales and profits can create a surprise for any business when there is not enough cash to pay the bills. Here are five key principals to improve your cash management. Create a cash flow statement and analyze it monthly. The primary objective of a...
by somichcpa | Feb 18, 2020 | Business, Individual Taxes
With the major Form W-4 overhaul for 2020, you may field questions from your employees concerning their federal paycheck tax withholdings. While it’s not your responsibility to provide tax advice to your employees, it’s good to be prepared to help answer questions...
