• You got the EIDL Loan, now what?

    Know what the fine print means and get the ultimate checklist to track your expenses. 2 minutes read You for the EIDL Loan, now what?? Back in March 2020, when the US government released the CARES ACT bill. A lot of us applied for the EIDL loan, because we would be eligible for a up […]

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  • Tax Deduction or Tax Credit?

    Understanding the “accounting” world and what does it mean to your business. reading time: 01:13 minutes As a bookkeeper, the question I hear more often is “can I write this off?” (And no, you sheets are not a “write off”) via GIPHY In reality, it all depends. Some expenses are known as tax deductions – […]

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  • You got your PPP load and your EIDL grant, now what?

    Navigating the accounting portion of all the Federal benefits from the CARES Act bill. reading time: 04:02 minutes 2020 is a year no one will forget. We’re more connected than ever, and facing the biggest epidemic of the past 100 years. I know, I don’t know how it’s May already – the time is going […]

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  • Cashflow Map

    When cash is queen, how to map it out? In the accounting world, we refer a lot to “cashflow forecast”, which pretty much means to figure our the cash the company will have at the end of a period. Personally, I feel “forecast” sounds too woo-woo. It’s like predicting something. Sounds unrealistic. That’s why I […]

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  • Stimulus Check

    What is it and which actions do I need to take? This is the long spoken “free money” the government is giving for Americans. Not everyone will receive it, below a quick snapshot to see if you are eligible or not: The “Stimulus Check” is an “early tax refund” the government is giving Americans to […]

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  • Income Tax Filing Deadline 2020

    Will your state deadline be extended as well? At this point, we are all aware that the 2019 Federal Income Tax deadline has been extended from April 15, 2020 to July 15, 2020. For 2019 State Federal Tax, the power to be extended, or not, falls on the state. See below a list of states […]

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  • Productivity Tips: Batch your days

    If you’re a little like me, there are days that you just can’t. And productivity seems to be out of the window. I’ve been working from home for half a decade, and I learned, sometimes the hard way, what to do to be the most productive. And not let work linger throughout the day. My […]

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  • COVID19: Paycheck Protection Program

    Disclaimer: As of the time of the publication of this blog, this program is not live. The information below is based on my interpretation of the bill and my opinions. Please consult with your legal/financial team. We’ll go over a little deeper on the Sect. 1102 – Paycheck Protection Program (PPP) of the CARES Act […]

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  • COVID19: Sect. 1110 Emergency EIDL Grants

    Ok, I’m going to be honest with you… talking about the CARES Act is though. Simply because the bill is open for interpretation. And until it’s applied to real-life – i.e. banks start to offer the loans and support, IRS issues official notices, etc – we do not know how it’s all being interpreted. Full […]

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  • COVID-19: Stimulus Package: What is and who is it for?

    Note: I’ll be updating this periodically as more information comes to light and as you all ask me questions. I want to make it relevant to YOU. Note 2: This reflects my interpretation. As the days and different entities start to applying those bills, this might be updated. Understanding the between the lines from the […]

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