Here’s a quick update on 2021 inflation and what it means for your small business. I’m going to try and simplify the discussion here as most business owners are not…
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As the United States continues to experience higher inflation than recent historical norms, businesses must decide how to adjust pricing. Here are a three pricing strategies that are being deployed…
It’s a been a while since we discussed Paycheck Protection Program forgiveness so here is a quick update. Forgiveness Timing I outlined the forgiveness timeline in a November 2020…
LedgerGurus has supported QuickBooks Online since our founding in 2014. A few years after starting, we decided to focus on QuickBooks Online and deepen our knowledge there. Every year, we…
Business must plan how costs will impact their profitability in this environment of inflation. The question that must be considered is whether cost increases are temporary, long-term, or one-time (step function…
Are we experiencing inflation or reflation, and why does it matter? This is a fundamental question to consider when dealing with the business effect of inflationary costs. Let me explain…
Has your business increased prices lately? Even if you have, it’s time to consider doing so again and continually be evaluating pricing and costs. This is thanks to something we…
One of the top issues with the Paycheck Protection Program (PPP) was the Internal Revenue Service (IRS) stance that forgiven expenses would not be tax deductible. That has changed as…
Paycheck Protection Program eligible expenses expanded with the signing of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act on December 27, 2020. This will make it much…
The opportunity for business to take a second Paycheck Protection Program (PPP) loan became a possibility on December 27, 2020 with the signing of the Economic Aid to Hard-Hit Small…
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