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The Employee Retention Credit is one of the many IRS tax breaks for businesses that was included in the 2020 CARES Act as well as the recent Consolidated Appropriations Act, 2021.  The goal of the credit is to provide financial relief to businesses that suffered from the effects of coronavirus but retained their employees. The credit is available to eligible employers that paid qualified wages from March 13, 2020 through June 30, 2021. To be

PPP January 2021 Update

Posted by Rayanne Buchianico on  January 13, 2021
Qualifying small businesses can now apply for Paycheck Protection Program (PPP) loans through certain lenders. The Small Business Administration (SBA) reopened its PPP portal on January 11, 2021 after Congress passed and the President signed legislation in December 2020, authorizing the continuation of the program and an additional $284 billion in funds. The program allows for two types of applications: First Draw Loans to qualifying entities that did not receive a PPP loan in 2020,

Wrapping Up 2020

Posted by Rayanne Buchianico on  December 31, 2020
Year-end is the perfect time to reflect on accomplishments achieved since January. It’s also an important time to put things into perspective as we turn the page and start a new year. What We Learned With so much change in 2020, the opportunities to learn have been abundant. Take a moment and contemplate the following: What new skills did you learn this year that you have put to work in your business? What topics did

The Power of Listening

Posted by Rayanne Buchianico on  December 17, 2020
Now, more than ever before, the act of listening is important. Not only is it important to listen to someone, but to effectively listen to them. Sure, we all know that in order to understand individuals, to connect with them and understand their wants and needs, we need to be alert, focused, and mindful. After all, the power of listening—effective listening—will help you get more information from clients, increase their trust and commitment in you,
How happy are you with your financial situation right now?  In other words, do you feel personal financial pleasure or pain when it comes to your financial standing? That is what the Personal Financial Satisfaction Index strives to measure for the typical American. The PFSi is a quarterly economic indicator created by the American Institute of CPAs. This specific economic indicator weighs a variety of economic factors to calculate the financial standing of a typical