by Brian Hare, CPA, CGMA | Jun 23, 2020 | Business
If you operate a small business, or you’re starting a new one, you probably know you need to keep business records of your income and expenses. In particular, you should carefully record your expenses in order to claim the full amount of the tax deductions to which...
by Brian Hare, CPA, CGMA | Jun 22, 2020 | COVID-19
Just about every business owner’s strategic plans for 2020 look far different now than they did heading into the year. The COVID-19 pandemic has created a changed economy in profound ways, forcing many companies to recalibrate suddenly and severely. As your business...
by Brian Hare, CPA, CGMA | Jun 22, 2020 | COVID-19
As you may recall, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) back in April to help companies reeling from the economic impact of the COVID-19 pandemic. Created under a provision of the Coronavirus Aid, Relief and Economic...
by Brian Hare, CPA, CGMA | Jun 22, 2020 | COVID-19
For business owners, building a succession plan is ideally a long-term project. You want to begin laying out a smooth ownership transition, and perhaps grooming a successor, years in advance. And you shouldn’t officially hand over the reins until many minute details...
by Brian Hare, CPA, CGMA | Jun 9, 2020 | COVID-19
According to a recent survey by CNBC, 22% of U.S. businesses have been forced to lay off workers or employee furloughs as a result of the novel coronavirus (COVID-19) crisis. Although most employers regard these actions as a last resort, it’s important to know...
