Budgeting: A Financial Road Map to making Smarter Business Decisions

Budgeting: A Financial Road Map to making Smarter Business Decisions Understanding and pro-actively managing your business finances is more important now than ever.  Two of the best practices positively influencing your situation and focusing on what you can control instead of can’t control are: A Game plan: A set of goals and strategic priorities to…

Launching a business? How to treat start-up expenses on your tax return

While the COVID-19 crisis has devastated many existing businesses, the pandemic has also created opportunities for entrepreneurs to launch new businesses. For example, some businesses are being launched online to provide products and services to people staying at home. Entrepreneurs often don’t know that many expenses incurred by start-ups can’t be currently deducted. You should…

Small Business Grants

“We’re All In” Small Business Grants (Wisconsin) Application period will open in early June – register for alerts for program here $2,500 per small business Small businesses with 20 or fewer employees qualify Business must agree to implement best practices Funds can be used for health and safety improvements, wages, rent, mortgages, and inventory Click Here…

Important Updates to PPP Loans Passed By Congress

Important changes have been made to the Paycheck Protection Program and are awaiting the signature of the President: On May 28, 2020, the House of Representatives passed the following important changes to the Paycheck Protection Program: The covered period of the loan is changed from 8 weeks to the earlier of: 24 weeks following loan…

Important items related to PPP Loans clients

Below you will find two important updates regarding PPP Loans. Please contact us if you have any questions. Q: Will SBA review individual PPP loan files? A: Yes. SBA reminded all borrowers of an important certification required to obtain a PPP loan. To further ensure PPP loans are limited to eligible borrowers in need, the…