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coronavirus

Prepare for Financial Reports to Look Different Due to COVID-19 AccountingPayroll ProcessingPayroll Tax ResponsibilitiesSmall Business

Prepare for Financial Reports to Look Different Due to COVID-19

Certified Public Accountants (CPA) should understand that financial reports they prepare in 2020 will look differently than reports they prepared in all years prior to 2019. The difference, of course, is that 2020 saw a global pandemic that had a devastating impact on small businesses across the country. Even companies that did not shut down…
Palmetto Payroll
August 15, 2020
The CARES Act Opens Floodgates to Free Money for Businesses
The CARES Act Opens Floodgates to Free Money for Businesses Small Business

The CARES Act Opens Floodgates to Free Money for Businesses

The CARES Act has opened the floodgates to free money for businesses  Below are the basic details of loans available to businesses.  They are incredible unless regulations apply limits: This new law lets any business borrow 2.5 months of payroll, benefits, interest on loans and lease payments. The loan is made through a bank that…
Palmetto Payroll
March 27, 2020