Categories for Guest Post of the Month
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How Businesses Can Help Protect Themselves Against Civil Unrest
Posted Date July 1, 2020 Posted Time 12:00 am Published in Service2Client🖨 Print⏱ 3 min readIf the COVID-19 pandemic isn’t a big enough strain on businesses trying to engage in commerce, whether it’s retailers, restaurants, manufacturers, or those in the service sector, civil unrest puts another strain on surviving the downturn. Based on recommendations from the U.S. Department of Homeland Security and the U.S. Small Business Administration, businesses can prepare for civil unrest. While the British firm Verisk Maplecroft predicts that 75 countries will see civil unrest in 2020, the United States has already seen its fair share recently. While the future intensity of civil unrest can’t be predicted, businesses can... View Article
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Payroll Protection Program Loan Forgiveness is Here
Posted Date June 1, 2020 Posted Time 12:00 am Published in Service2Client🖨 Print⏱ 2 min read The first Payroll Protection Program (PPP) loans were made over eight weeks ago, which means they may be forgivable if the guidelines set forth by the Small Business Administration (SBA) and the United States Treasury Department are met. In order to have a loan forgiven, borrowers need to complete the 11-page application made available by the Treasury Department. Applicants can complete the forms either in hard copy or via an online platform if provided by their lender. Large borrowers, or those who took out more than $2 million from the PPP program, are required to... View Article
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COVID-19 Recovery Responses are Crucial for Companies to Thrive in the Future
Posted Date May 5, 2020 Posted Time 12:00 am Published in Service2Client🖨 Print⏱ 4 min readWith the coronavirus spreading across the globe, catching individuals and governments off guard, business owners have not fared any better. While the virus is having a grave impact on the health of millions across the globe, businesses have seen an equally serious impact on their bottom line. The virus is projected to hit businesses’ cash-flow and the ability to stay open post-pandemic. While different parts of the country have been hit harder than others, the nation’s businesses, their owners, and employees are all dependent on the national and global economy. Looking to those who have... View Article
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Answers to Common Questions About the Coronavirus Stimulus Checks
Posted Date April 14, 2020 Posted Time 12:00 am Published in Service2Client🖨 Print⏱ 5 min read So many checks and even more questions! There is a lot of confusion out there over the details surrounding the coronavirus stimulus checks, so below we’ve compiled a list of frequently asked questions and answers. How much will the check be for? Each adult will receive $1,200; if you filed as married jointly, you’ll get $2,400; with an extra $500 for each qualifying child. How to check the status of my Stimulus Check? https://www.irs.gov/coronavirus/get-my-payment What if I didn’t make any money last year or I was on a reduced income? It doesn’t matter. There is... View Article
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Understanding Three Revenue Metrics
Posted Date March 1, 2020 Posted Time 12:00 am Published in Service2Client🖨 Print⏱ 4 min readAccording to the 2019 Small Business Profile, a project from the U.S. Small Business Administration’s Office of Advocacy, there are 30.2 million small businesses, making up 99.9 percent of all U.S. businesses. With 59.9 million of these small business employees making up 47.3 percent of workers in the United States, it’s clear that this is an important segment of the American economy. With small businesses striving for profitability, the following are some examples of how they can measure their revenue targets, helping them increase their chances of profitability. Average Revenue Per User (ARPU) This ratio can... View Article
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Why eSignatures Are Better Than Handwritten Signatures
Posted Date February 1, 2020 Posted Time 12:00 am Published in Service2Client🖨 Print⏱ 2 min read Signatures play an important role in authenticating a document or binding an individual by the provisions contained in a document. And sometimes, a handwritten signature can slow down the process. This is because it’s dependent on the availability of the parties that are involved. It also includes the exchange of paper. You can imagine if you are doing business with an overseas company and have to wait for the documents to be delivered before you can continue with the transaction. Many business processes have now been automated – and the signing of documents is one... View Article
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The SECURE Act of 2019
Posted Date January 1, 2020 Posted Time 12:00 am Published in Service2Client🖨 Print⏱ 2 min readThe SECURE Act of 2019 is a broad bill with the purpose of increasing access to tax-advantaged retirement accounts in order to prevent retirees from outliving their assets. It mostly impacts those already in retirement or close to it. 1. RMD Relief: Previously, IRA and employer-sponsored retirement plan holders were required to start taking Required Minimum Distributions (RMDs) from age 70½ to age 72. This will give retirees more time to let their savings grow tax-free. 2. More Planning Opportunities for Roth IRAs: The change in the RMD age described above means account holders will have an extra... View Article
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