PPP Loans – How to Track Your Finances After Filing

Theresa FerroneBlog

Now that you’ve wrapped up your Paycheck Protection Program (PPP) loan application, it’s time to move on to the next step. As you likely noticed, there is a precise list of approved uses for your government-granted funds, so you and your business must keep detailed records of your expenses to avoid needing to pay it all back.  Approved Uses for … Read More

U.S. Small Business Administration offering assistance during Coronavirus

Theresa FerroneBlog

The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus. The SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. … Read More

Accountants to rely more on big data in 2020

Theresa FerroneBlog

CPA firms are embracing data science and analytics to improve performance at their companies, leveraging the technology to improve their organization’s data governance and analysis capabilities.  Accountants will need to continue to develop the necessary skills to pace with technology and act as strategic business partners with their clients.  It is expected that the number of companies deploying big data … Read More