During the Coronavirus Outbreak the Small Business Administration Provides Business Distaster Loans SBA Small Business Disaster Loans are available. The U.S. Small Business Administration (SBA) has never faced a challenge like the COVID-19 outbreak, but they’re stepping up to help small business owners who are suffering financially during these uncertain times. The SBA’s mission […]
Archives for March 2020
Work Opportunity Tax Credit: Congress Extends WOTC One More Year
President Trump signed into law the Appropriations Act of 2020 last December 20, 2019. This law includes a number of tax law changes, as well as extending certain tax provisions. These provisions either expired after 2017 or were about to expire. Also, a number of retirement and IRA plan modifications, and other changes that will […]
The Difference Between an Audit, a Review and Compilation
When it comes time for financial documents to be corroborated, the three options available are an audit, a review and compilation. Each of these represents a very different degree of effort and investigation, and therefore each provides differing levels of confidence for investors and lenders. Let’s take a closer look at all three. The Compilation […]
