Small Business

December 1, 2020 

More than two thirds (67.6%) of CEOs saw the passage of a new federal COVID-19 stimulus package as one of the three most important government policy initiatives for a Biden Administration, with nearly half (45.6%) selecting it as the top initiative.

November 28, 2020 

Although the CARES Act Payroll Protection Program’s (PPP) loan application period closed last August, you most likely have clients who received funding and now need to plan for loan forgiveness. The rules changed since the program began.

Nellie Akalp

November 25, 2020 

In a letter sent today to the Small Business Administration (SBA) and the Office of Management and Budget (OMB), the American Institute of CPAs (AICPA) has reiterated that the new PPP “Loan Necessity Questionnaires” are burdensome and do not ...

November 23, 2020 

The AICPA is now calling upon its members to ask Congress to pass bipartisan legislation S.3612 and H.R.6821 – the Small Business Expense Protection Acts of 2020, or H.R. 6754 - the Protecting the Paycheck Protection Program Act – that will ensure the ...

November 23, 2020 

This year, Expensify has added a corporate card, travel booking, invoicing, and bill pay to its eponymous expense management offering. Additionally, the company launched a 501(c)(3) nonprofit, Expensify.org, which reimbursed grocery bills for ...

November 20, 2020 

Xendoo, a fintech company offering innovative online accounting and bookkeeping solutions with data-driven insights for small business owners, is now fully integrating QuickBooks into its proprietary platform.

November 20, 2020 

HubSpot for QuickBooks helps solve the cumbersome process of manually transferring information from a CRM into a financial management system when a sale is closed. Typically, this requires coordination between the sales and finance teams and involves ...

November 18, 2020 

The coalition suggests that existing PPP Forgiveness Applications – specifically, SBA Forms 3508, 3508EZ and 3508S – should continue to be used because they “…allow the agencies to examine, in greater detail and prior to the approval of loan forgiveness

November 18, 2020 

The solution enables firms to shift from a cumbersome and time-intensive approach to an automated and secure bill payment process.

November 17, 2020 

In a recent survey, 44 Rent By Province Or State When looking at rent issues geographically, 36 Retailers, Gym Owners & Entertainers Round Out Top 5 Other sectors facing major challenges with rent include Retail (38%), Gyms (38%), and Entertainment (36%), largely because of struggles attracting customers.  Many entertainers note that their businesses will not...…

November 17, 2020 

The pandemic changed the calculation on crafting the right real estate strategy for 2021. According to a new LeaseQuery survey, cost optimization, flexibility and liquidity are now the key goals driving companies’ plans to rightsize and ...

November 16, 2020 

On November 3, 2020, residents of Arizona, Montana, New Jersey, and South Dakota voted to allow the possession, use, and retail sale of marijuana. Once retail stores in these states are up and running, tax from sales of cannabis and cannabis products ...

Gail Cole