The PPP rules are still changing. During the past month, the SBA issued a new set of frequently asked questions (FAQs) and a new interim final rule, which in combination create the following good news for the PPP: • More forgiveness. The $20,833 cap on corporate...
Can your business use an infusion of cash to deal with losses caused by the COVID-19 pandemic? The hugely popular federal Payroll Protection Program (PPP) that paid forgivable loans to millions of businesses ended on August 8 (although it could come back in revised...
Tags: Outsourced Bookkeeping Services, Virtual CFO Services, Virtual Accounting Services, Outsourced CFO, Outsourced CFO Services Are you struggling with keeping the books for your growing company? It’s a common issue. Many business owners have tried to do it...
We receive many questions about the PPP. Here are two of them with our answers. 1. Good Faith at the Time Question. What are your thoughts on the repercussions for business owners who acted in good faith based on the information available at the time and are now left...
Tags: Virtual CFO, Virtual CFO Services, Virtual Accounting Services, Outsourced CFO, Outsourced CFO Services Virtual controller and CFO services are becoming more popular for scaling small businesses. Both offer similar services, so it can be challenging knowing...
