Accounting errors are inevitable, especially if you’re rushing to add information into your small business accounting books. To detect accounting errors sooner rather than later, learn how to find accounting errors.
Due to the coronavirus negatively affecting businesses nationwide, there are a number of coronavirus payroll tax credits available to help employers out. One option for employers is the Employee Retention Credit (ERC). Read on to learn the ins and outs of the ERC, including how the Employee Retention Credit works and how it can help you rebound from the COVID-19 pandemic.
On April 24, 2020, the Paycheck Protection Program and Health Care Enhancement Act was signed into law. The act provides additional coronavirus funding to replenish programs and provide relief to businesses impacted by COVID-19. Check out an overview of what the newest funding bill covers and how it can benefit your small business.
As a business owner, you probably made a few mistakes when you started your venture. And, you probably haven’t seen the last of them. Mistakes happen, especially when you’re responsible for things like filling out accounting forms.
If you made a mistake on Form 1065, 1065-B, or 1066, you can correct errors using Form 1065-X. Read on to learn what Form 1065-X entails and whether or not you need to use one.
At some point or another, you may find the need to temporarily shut down your business. Maybe your business is struggling with cash flow and needs to lay off workers. Or, maybe your business is facing a national emergency, like the coronavirus, and has no choice but to temporarily close its doors.
Whatever the case may be, you need to know your employer responsibilities during a temporary business closure. Read on to learn more about your duties as an employer, including coronavirus-related responsibilities.
Businesses nationwide are temporarily closing up shop and seeing a decline in sales due to the COVID-19 pandemic. With so many businesses struggling during this time, the government passed legislation to help businesses bounce back.
One legislation that recently passed to help support and relieve small businesses during the coronavirus crisis is the CARES Act. Read on to learn all about what the CARES Act has in store for you.
It’s no secret that the coronavirus (COVID-19) pandemic has taken a toll on businesses across the nation. And with many small businesses struggling due to government and state shutdowns, companies are seeing a decline in cash flow.
So, what’s a business owner to do during a crazy time like this?
To help rebound from the pandemic and get your business back on its feet sooner rather than later, explore coronavirus loan options for small business.
As a business owner, you’re responsible for staying on top of your business’s books. If you have up-to-date and accurate accounting records, your company will be on the road to success. But if you fail to focus on your accounting tasks, your business can quickly sink before it has the chance to grow.
To help keep your books on a sound footing, learn some bookkeeping tips for small businesses.
In light of the COVID-19 pandemic, accounting and payroll software provider Patriot Software (“PATRIOT”) announces payroll software updates relating to the Families First Coronavirus Response Act (FFCRA) and the CARES Act, a COVID-19 resource center for businesses, and participation in a small business funding coalition.
When you start a business, you’re in charge of juggling multiple tasks simultaneously. And if you establish a limited liability company (LLC), you may need to create a business operating agreement for your company. To familiarize yourself with all things operating agreements, keep reading.