By Jennifer Eubanks   1. Competent financial management, reporting, and guidance.  Businesses need to have competent financial management, reporting, and guidance so the management team can focus on operations.   2. Businesses need the right people. Some 70 percent of KPMG survey respondents said they are outsourcing accounting to get access to better talent. This helps clients focus on their business instead…

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CARES Act Tax Provisions

Businesses are facing challenges not seen previously due to COVID-19.  Many industries have been significantly impacted, some have been decimated, and most have been impacted to some extent by the COVID-19 outbreak.  To help businesses survive this turbulent time, the federal government put the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) into effect.…

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Accounting Outsourcing

We all believed that to ensure the productivity of our employees and to keep the business running smoothly, we had to do the hour commute, spend 8 to 10 hours tethered to our desks and participate in in-person meetings five days a week. You know, back in February. Rare were the companies that allowed employees…

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Speaking Engagement - Jennifer Eubanks

Capitol Hill Speaking Engagement – Jennifer Eubanks attended Capitol Hill meetings with a group of Goldman Sachs 10KSB graduates to speak with our representatives in Congress and tell the stories of small businesses on June 11 – to promote PPP Legislation.

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On Thursday April 16th, just 14 days after small businesses across America were first able to apply for loans through the $349 billion Paycheck Protection Program, the U.S. Small Business Administration announced it had exhausted its allotted funds and stopped accepting applications. Ironically, Capital One and Wells Fargo opened their application portals within the last two days…

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While most banks have successfully rolled out online portals to accept Payroll Protection Program applications, Capital One remains closed for applications. Businesses who bank with Capital One are looking for other options. Below is a link to a list of banks taking applications from new customers, compiled by Forbes Magazine. https://www.forbes.com/sites/brianthompson1/2020/04/09/banks-and-fintech-companies-accepting-paycheck-protection-program-loan-applications-from-new-and-non-bank-customers/#599f3af8b950 We understand Gusto is…

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Check the link below to see what Google tells you about the movement in your area. Google’s report tells us how we are responding to orders to stay home and shelter in place. How are we doing? Cutting to the chase: we are moving around less, and staying home more – but not all of…

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