6/24/20 The Treasury announced another significant update: if you pick the 24-week period, you may submit your forgiveness application as soon as you … [Read more...]
Is the beginning balance of your bank reconciliation off?
Have you ever started your bank reconciliation and found that the beginning balance is off? Turns out there is an easy fix. Check out this … [Read more...]
PPP Loan with Jeanette & Tyler, Part 5 – The Forgiveness Application
On Friday, May 15th the SBA issued the Loan Forgiveness Application. I know that you are all eager to learn more, so Tyler Willis, CPA and I met on … [Read more...]
Rebottle Magnums into 750s
This is one of those random procedures that, hopefully, you only have to do once. The scenario is that you rebottled some magnums into 750s. The … [Read more...]
PPP Loan with Jeanette and Tyler, Part 4
If you have received your PPP Loan funds and are now freaking out because you are faced with even more questions than you had during the application … [Read more...]
Fix a bill payment where the bill went missing
Let me interrupt our current discussion of the PPP Program to answer a bookkeeping question. How do I fix a paid bill that "Lost" their bills from … [Read more...]
Tracking the PPP Funds
Congratulations on getting this loan. Sadly, many people were squeezed out. The next step is to track the use of the funds so that you maximize the … [Read more...]
PPP & EIDL Updates from the News
If you have submitted an application and haven't heard from your bank, congratulations you are now in the Black Box Phase. I have collected and … [Read more...]
SIP Week 4 – What next for Your Winery Business?
The shock of closing the tasting rooms, sheltering in place, and learning how to home-school your children should have subsided a bit. You have … [Read more...]
PPP for Independent Contractors and Non-Employee Businesses
Updated 4/29/20 So far, the focus of the discussion about the Paycheck Protection Program loan has been on the typical business that has employees … [Read more...]
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