fbpx

Covid-19 Update

March 16, 2021

The American Rescue Plan Explained

Congress passed and President Biden recently signed the $1.9 trillion American Rescue Plan Act, also called the COVID-19 Stimulus Package, into law. In addition to stimulus checks of up to $1,400 that are being sent to eligible Americans, there are several major changes that business owners need to know about.
August 21, 2020

Quick Tip #1: Bank Reconciliations & Clearing Stale Items

When working with companies on bank reconciliations, it's very common for us to see stale items dating back months. These items usually include deposits and checks that never cleared. When these accumulate, they lead to inaccurate financial information that can wreak havoc on businesses.
July 20, 2020

Enhanced Unemployment Benefits End Soon

The $600 weekly Pandemic Unemployment Assistance for people who lost their jobs due to COVID-19 will end on Saturday, July 25.  It is unclear whether Congress will pass legislation to provide additional benefits for workers who are unable to return to work due to business closures or down-sizing.