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When to Submit PPP Forgiveness Application
According to SBA, PPP recipients can early apply for loan forgiveness. The new interim final reflects that a borrower can submit the loan...
Aug 2, 20202 min read
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IRS Tax Tips: How to troubleshoot after-tax-day issues
Tax deadline to file and pay federal income taxes deadline is now behind us. However, some taxpayers still facing certain problems after...
Aug 1, 20202 min read
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The Cash Basic Versus The Accrual Basic
The cash basis and accrual basis of accounting are two different methods used to record accounting transactions. The core underlying...
Jul 28, 20202 min read
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4 changes on 2020 tax deduction
The tax season is here again! This year, the IRS announced 4 recent changes in tax laws that can save you a lot. 1. Individual Income Tax...
Jul 28, 20202 min read
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Latest Changes on Paycheck Protections Program (PPP)
On Saturday, July 4, 2020, President Donald Trump signed a new law extending the deadlines for applying for the Paycheck Protection...
Jul 27, 20202 min read
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Progress Invoice in Quickbooks - Step by Step Instruction
You would like to be paid on time? You need to send out invoices on time. Especially, people who work in the Construction Industry. As a...
Jul 26, 20202 min read
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Balance Sheet vs Profit & Loss Account
TABLE CONTENT Balance Sheet Profit & Loss Account Key Differences between Balance Sheet and Profit & Loss Account Conclusion The two...
Jul 22, 20203 min read
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Why is An Accurate Estimate Important?
Take a moment to look at the tallest building in your city. Think about what’s going on inside it. You could imagine employers...
Jul 19, 20205 min read
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What is Progress invoicing?
TABLE OF CONTENT What is Progress invoicing? Purpose of Progress Invoicing - Empowering Construction business Benefits of Progress...
Jul 19, 20205 min read
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2020 Health Savings Account Limits
A Health Savings Account (HSA) is a tax-benefit program for people covered by high-deductible insurance plans (HDHPs) that are used for...
Jul 14, 20201 min read
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The Art of Construction Estimating and Its Insights
An estimate is a document that the contractor gives to a customer, showing how much they would like to charge for services they are going...
Jul 12, 20204 min read
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(Video) Account Receivables: Explain in a Simple Way
As a business owner, you need to make sure that you can track every inventory put into your business. Every transaction, money coming in...
Jul 6, 20201 min read
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