xendoo

SEPTEMBER 4, 2020

The federal Payment Protection Program (PPP) was designed to help small businesses — and their employees — stay afloat during the COVID-19 pandemic. As long as these cash handouts are used for payroll and other essential operating expenses, it’s free money. If not, the business must repay the government.

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PYMNTS

AUGUST 19, 2019

As AppZe n noted in a recent report titled “The State of AI in Business Spend,” companies that do not use AI audit only 10 percent of their spending. Moreover, in terms of the larger picture, more than 96 percent of enterprise spend beyond that of payroll is related to accounts payable; 3.7

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LyfeAccounting

JANUARY 19, 2021

The borrower must demonstrate that there was a 25% reduction from the gross receipts of the entity during the same quarter in 2019. And this is according to summary from the House Small Business Committee. The PPP loan is for payroll and other qualified expenses. That is not the case. Call us at 470-240-1437!

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PYMNTS

MARCH 12, 2019

” It was the latter for Wave, which recently acquired small business account and debit card solutions provider Every. Holistic services offer the ability to gain visibility into cash flows and identify upcoming gaps, or to forecast which customers are likely to pay their invoices late, or notify when payroll taxes are due.

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LyfeAccounting

APRIL 22, 2021

Amazon paid $0 in Federal taxes in 2017 and 2018 but Amazon does pay plenty of payroll taxes, state taxes, and international taxes. In 2019, Amazon broke its streak of paying $0 Federal taxes and actually owed money to the federal government. Myth #1: Amazon pays $0 in taxes. This claim is half-truth and half-false.

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PYMNTS

JUNE 23, 2019

Finances remain a key focus for these firms, however, particularly in a climate of significant growth: only 4 percent of companies surveyed by ScaleFactor said their revenues declined between 2018 and 2019. 51 percent of small firms say their financing needs are met, KeyBank’s first Small Business Wellness Index found.

accounting and finance 40

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Going Concern

OCTOBER 11, 2022

The lack of new entrants comes from two factors: first a nationwide decline in accounting students (none of whom get hired by small firms); and second because small firms charge too little for their services to be able to pay comparable salaries. June 17, 2019. Educate the media about small business.

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