Overhead Costs Exceeding 30% Spell Disaster For a Small Business

Pre-Covid Operating and Overhead costs should have maxed out at under 30%. Post – Covid Operating and Overhead costs should be reduced to 10% if not completely eliminated. Contactless and Virtual Assistance with every facet of business is the new modus operandi. If...

Five Things Every PPP Borrower Should Do After Receiving A Loan

The Paycheck Protection Program (“PPP”) is the crown jewel of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). The CARES Act allocates $349 billion to the PPP loan initiative in an effort to stabilize small businesses during the COVID-19...

ASOS CORONAVIRUS UPDATE

EIDL is Accepting Applications For All Businesses 6/18/2020 As of June 15, the SBA has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program for ALL qualified small businesses. If you have not applied and need additional access to low-cost...

CARES Act Simplified

The CARES ACT Simplified We simplified the details to help you understand both if you qualify and how you can apply for these programs. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed and signed into law on Friday of last week. This bill...

We Are Your Multifaceted Full-Service Accounting Firm

We Are Your Multifaceted Full-Service Accounting Firm   • Personal Approach Through Multiple Communication Channels • Every Client Has a Dedicated Accountant and Direct Access to The CEO • 100% USA – We Are Remote But Not Outsourced to Another Country • We Have...