We’re keeping an eye on all the COVID-19 updates affecting small businesses and connecting you to the resources you need.
Getting the numbers you need to apply for the Paycheck Protection Plan (PPP) or Economic Injury Disaster Loans (EILD) can be a challenge. We’re making it easy with our Free COVID-19 Loan Calculator. Connect your QuickBooks or Xero account and get the information you need in minutes.
Learn some best practices for tracking Paycheck Protection Program funds in your accounting file and set yourself for the loan forgiveness process.
A ScaleFactor accounting expert breaks down two schools of thought about how to pay yourself as a business owner and how business owners can think about their compensation in uncertain times.
It’s anything but business as usual right now. With so much information out there about the new CARES Act, we’re here to help you make sense of it as a small business owner.
Ben Greenzweig discusses a few of the lessons you can’t learn in business school—everything from how to start a business to what running it during a global crisis looks like.
When and how to reopen your business is something every business owner will need to face individually. Here are some financial metrics to help you decide.
Many expected to pay no taxes on these funds, while also being able to take their regular deductions for things like payroll and rent. Here’s what the IRS says.
The word “audit” tends to induce fear among many small business owners. But if you’ve received a PPP loan and followed the SBA’s guidelines, you’re likely in the clear.
It’s unclear how long this second round of PPP loan funds will last. If you’re still waiting, here’s what we recommend doing in the coming days.
What happens to your employees after a layoff? And is that different now because of COVID-19? We’re answering your questions about unemployment benefits.
Ready to learn if you qualify for an SBA loan? Check out this blog post for the key differences between these two loan types and find out if you qualify for one (or both).
All the information small business owners need to know about the CARES Act, including details on how to apply for SBA Disaster Loans and deferred payroll tax details.
Due to the COVID-19 crisis, many consumers are purchasing gift cards to support local businesses. Learn what to do with those gift cards in your accounting.