by Jessica Diaz | Nov 24, 2020 | Uncategorized
Few business owners understand the wealth of information contained in their balance sheet and profit and loss statements. Your financial statements tell people how your company is performing, but they may be speaking a language you don’t yet understand. Every tax...
by Jessica Diaz | Nov 9, 2020 | Uncategorized
If you are a business owner who is looking to secure a mortgage, there are a few key concepts to remember. First, apply to a mortgage company that actually makes mortgage loans to business owners. Most do not, so be sure to ask this question up front. If you near...
by Jessica Diaz | Oct 23, 2020 | Uncategorized
Running a business without financial information is next to impossible. You can never figure out if you’re making a profit. You never know how much money is in the bank. Big tax bills are an annual and unwelcome surprise. You may suspect your bookkeeper is failing,...
by Jessica Diaz | Oct 13, 2020 | Uncategorized
Good news for small businesses that received Paycheck Protection Program (PPP) loans of $50,000 or less! On October 9, the Treasury and U.S. Small Business Administration (SBA) announced that those recipients can now utilize a simplified application to request debt...
by Jessica Diaz | Oct 2, 2020 | Uncategorized
For this post, we are featuring the wisdom of one of our loyal S&K friends and clients, Bill Schmidt from Integrated Insurance Solutions, Inc. in Ashburn, VA. Bill is an expert on health insurance for small businesses, and the following is his insight on finding...
by Jessica Diaz | Sep 23, 2020 | Uncategorized
Every year the IRS issues millions of tax bills for items of income not reported on tax returns. For example, if a taxpayer received a pension distribution during the year, but did not report the distribution as income, the IRS sends a bill for the taxes on the...
