Category Archives: Uncategorized

Are your books a train wreck? Here are some tips.

Two Big Issues with Recordkeeping for Tax Purposes The records you keep provide the documentation to support the deductions and expenses claimed on your tax return. There are two big issues.  Big Issue One.  The first issue is that you need to prove that the expense is deductible.  To do this, you must always keep […]

PPP Loan Forgiveness Application Checklist

Here is a list of the information that you will need to give to your professional so that they can prepare SBA Form 3508 (Paycheck Protection Program Loan Forgiveness Application) and its required schedules for your company. General Info Loan Number Loan Amount Lender PPP Loan Number PPP Loan Disbursement Date Number of employees at […]