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Economic Injury Disaster Loan (EIDL) Size Tripled

Economic Injury Disaster Loan (EIDL) Size Tripled

by Bobbie Witt | Apr 7, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Business Tips, Tax Filing, Tax Help, Tax Tips

Since the start of April, small businesses were given access to more COVID-relief funding to keep them afloat. The U.S. Small Business Administration (SBA), through the COVID-19 Economic Injury Disaster Loan (EIDL) program, has tripled the amount that businesses can...
Extended EIDL Payments

Extended EIDL Payments

by Bobbie Witt | Apr 5, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Filing, Tax Help, Tax Tips

All small businesses that received a COVID-19 Economic Injury Disaster Loan (EIDL), now have the opportunity to defer payments until next year. That’s correct! On March 16, the US Small Business Administration (SBA) announced that it extended EIDL payments and other...
PPP Loan Application Extension

PPP Loan Application Extension

by Bobbie Witt | Mar 29, 2021 | Articles, Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Filing, Tax Help, Tax Tips

If you’re a small business owner in the U.S who is finding it hard to stay afloat and to pay your staff, you may be able to benefit from the Paycheck Protection Program (PPP). The U.S Small Business Association (SBA) recently announced a PPP loan application...
How a Bookkeeper Can Help A Law Firm’s Profit Margin

How a Bookkeeper Can Help A Law Firm’s Profit Margin

by Bobbie Witt | Mar 24, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Filing, Tax Help, Tax Tips

Lawyers can make a profit and save money by tracking numbers. It is more than just entering data into accounting software. Measuring certain things in your practice can determine if things are growing, and key performance indicators (KPIs) can show which areas of the...
Clean Up Books – Bookkeeping Help

Clean Up Books – Bookkeeping Help

by Bobbie Witt | Mar 22, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Filing, Tax Help, Tax Tips

When it comes to bookkeeping, you need to be consistent. An up-to-date and accurate record of your cash flow is very useful for tracking and maximizing profitability for your business. As a startup or small business owner, you might have started out doing all your...
New Tax Day Deadline

New Tax Day Deadline

by Bobbie Witt | Mar 17, 2021 | Articles, Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Filing, Tax Help, Tax Tips

Last updated Mar 29, 2021 On March 17, a few weeks before the official Tax Day deadline, the IRS announced a new tax day deadline. The news release stated that the April 15 deadline for all 2020 Federal Individual Income Tax Filing will be extended. The new tax day...
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