Author: ToddLay

Why tracking Fixed Assets matters for your business?

As we were working with a new construction company, it showed that they had a pretty good year last year. However, they were having a little problem with cash flow during the last quarter. Then, with the bookkeeper they have in place at that time, they thought things would go well. But it did not. […]

Do you know what’s the impact of the PPP loan on your 2020 Taxes?

Have you received your PPP? I’m here to discuss the Paycheck Protection Program. Also, I will talk about the impacts of qualified business income tax later on.  What are the impacts of PPP?  About the PPP, we were going over the financials of one of our clients that ended up receiving the PPP loan or […]