General

PPP Loan Information

Did you receive a PPP loan? If so, you are probably wondering how to maximize the loan forgiveness. I mean, after all, most of us heard forgiveness and jumped right on the PPP loan bandwagon, didn't we? Most of us didn't bother to read how the loan had to be spent in order to maximize [...]

2020-06-09T10:41:09-05:00June 9th, 2020|General|

COVID-19 Life Update

So often, my posts are about accounting, taxpayer alerts, or PPP loan criteria. But this post today is about anything and everything. You see, we had an eventful weekend over Memorial Day and continuing into the past weekend. We have a lot going on in our house right now, and it is sometimes overwhelming. In [...]

2020-06-01T14:41:39-05:00June 1st, 2020|General|

PPP loan eligibility

Have you tried to see if you are eligible for a PPP (Paycheck Protection Program) loan? If so, you are not alone. Many small businesses have applied, and some have received PPP funds. There is one area that has me concerned, though..... “[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations [...]

2020-05-13T12:51:24-05:00May 13th, 2020|General|

Tax Changes due to COVID-19

Do you know all tax changes due to COVID-19? We do! If you need advisory services during these challenging times, please give us a call. https://www.accountantcolumbiatnsuccentrix.com/ We would love a chance to speak to you about all that has changed recently. Here are some of the provisions: Above the line Charitable Contribution: Individuals: if you [...]

2020-04-29T14:50:27-05:00April 29th, 2020|General|

How Social Distancing Effects Accounting

By now, most people have heard about the social distancing needed because of the novel (new) COVID-19 (Coronavirus). There is also self-quarantine, which is more strict than social distancing. Social distancing says avoid crowds as much as possible. This is being played out in the canceling of sports events, live streaming of church services, and [...]

2020-03-15T16:24:49-05:00March 15th, 2020|General|