by Katie Baker | Jul 20, 2021 | Business, COVID-19
During COVID-19, the Economic Injury Disaster Loan (EIDL) was established by the CARES Act (Coronavirus Aid, Relief, and Economic Security) to help small businesses that were facing economic hardship. Many small businesses faced shut downs and loss of revenue during...
by Katie Baker | Jul 16, 2021 | Business, COVID-19
One of the biggest changes that we have seen during the COVID-19 pandemic is the large shift from working in person to working remotely from home. Somewhere around 20% of adults in the US are working outside of an office location. Something that comes along with...
by Katie Baker | Jul 8, 2021 | Business, COVID-19
Although no one likes to think about the fact that we may face a serious disaster, it is important to prepare for one in the event it happens to us. These can be situations such as a major traffic accident, medical event, or natural disasters. If you are a business...
by Katie Baker | Jun 22, 2021 | Business, COVID-19
Many businesses were hit hard during the COVID-19 pandemic and are still trying to recover from it. A lot of these companies were caught without some sort of contingency plan in place for this type of emergency situation. It is really important for businesses to take...
by Katie Baker | May 25, 2021 | Business, COVID-19, Sales Tax, Taxes
According to Accounting Today, sales tax has increased to levels that haven’t been seen in over ten years. This means that during the pandemic, many companies had to collect even more tax revenue from online shopping. Vertex, a tax tech company, said there...
by Katie Baker | May 21, 2021 | Business, COVID-19, Taxes
The Work Opportunity Tax Credit (WOTC) is currently in the works to become a permanent part of the tax code and is being led by a bipartisan group of Senate lawmakers. It is offering employers tax credits per worker dependent upon hiring and retaining employees from...
