Many small businesses took advantage of the Economic Injury Disaster Loans (EIDL) that the Small Business Administration (SBA) made available due to the pandemic. I advised clients to take this only if they truly needed it, understood the constraints and consequences of taking on this loan, and had a plan for repayment.
Having an accountant can make your life easier. Whether you are running a business or have complicated finances in your personal life, an accountant can take a lot off of your plate. When you work with a professional, it is important that they provide a wide variety of services, including IRS representation, so you can… Read more »
It is essential that you have faith in your accounting firm. After all, you are entrusting them to fulfill their fiduciary responsibility and help you manage your finances. With this in mind, it is in your best interests to find a firm that not only has the experience to handle your monetary and organizational needs… Read more »