Source: https://www.caine-weiner.com/client-access/reference-information/recovery-percentage-based-on-age-of-debt/ Collection Managers have long realized that the longer a delinquent account ages, the less likely it will be collected. The Commercial Collection Agency
From https://quickbooks.intuit.com/learn-support/en-us/receive-payments/how-to-enter-a-returned-or-bounced-check-using-write-check/00/186977 Learn how to use an expense to record a customer’s bounced check (bad check) (NSF) in QuickBooks Online. Or follow these steps if
President Biden on Tuesday signed an extension for the popular Paycheck Protection Program (PPP), which was created last year to help small businesses weather the
QuickBooks Online Bill Pay is a fast and easy way to save time on the front-end and back-end of the accounting cycle. Here’s a video
The U.S. Small Business Administration (SBA) and Treasury issued guidance late Wednesday night for the reconstituted Paycheck Protection Program (PPP). The guidance came in the
Congress has passed the Stimulus Bills and is waiting for President Trump to sign it into law. We’re hearing that this contains these provisions for
The Coronavirus, Aid, Relief and Economic Security Act (CARES Act) allows employers to defer the deposit and payment of the employer’s share of Social Security
The US Treasury website has a Tools page dedicated to the Payroll Protection Program, where you can find information and resources about the program here: https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses
Link to the SBA PPP Loan Forgiveness Application can be found here:https://home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf The US Treasury website has a Tools page dedicated to the Payroll Protection
From https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf Question: How will SBA review borrowers’ required good-faith certification concerningthe necessity of their loan request? Answer: When submitting a PPP application, all borrowers must
This article can be found: https://quickbooks.intuit.com/learn-support/en-us/help-articles/how-the-coronavirus-aid-relief-and-economic-security-cares-act/00/541573 Learn about the Employee Retention Credit and deferral of the employer share of Social Security taxes for 2020, as
New SBA PPP Loan guidance for sole-proprietorship and partnerships was issued late on 4/14/20. The 2019 Sch C is required for determining the amount of