ABC Solutions


On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed into law, and one part of it includes two loan programs for small businesses. Paycheck Protection Program (PPP) Loan Owners of businesses, including nonprofits, with less than 500 employees that have been impacted financially due to the coronavirus can apply for a nonrecourse loan up to the lesser of $10 million or roughly 2.5 times the average monthly payroll

CARES Act Stimulus Strategy

Posted by Rayanne Buchianico on  March 30, 2020
Category: Business Tips
Now that countries around the world have stimulus packages in place, what is the best use of that money and opportunity? In the United States, our government passed two packages in the past month. Your head may be spinning with the best course of action for your business. I have some suggestions. But first, allow me to offer a quick glossary of terms: FFCRA – Families First Coronavirus Response Act – passed March 18, provides
That’s right: The future is here! Now that it’s officially 2020, it may be time to jump on that accounting app bandwagon if you haven’t already done so. The exciting news is you can actually do a lot of your accounting tasks from your phone instead of your computer. Here are just a few examples of accounting things you can do on your phone. Banking Are you still trudging to the bank to make your

New Tax Deadline Is Official — July 15, 2020

Posted by Rayanne Buchianico on  March 24, 2020
Category: Tax
Both the IRS and Treasury have announced that the deadline to file AND pay your individual federal income tax for the tax year of 2019 has been extended to July 15, 2020. While Florida residents are not subject to state income tax, others are. For information on your state income tax response, please see this link: If you cannot file your return by July 15, 2020, we can help you file an extension until October
As the global pandemic brings business and the economy to a grinding halt, you may wonder what steps you can take now to protect your business, your employees, and your customers. lists the Information Technology Sector as one of 16 critical infrastructure sectors needed to stay open and operable during a national crisis. Here are some steps you can take right now to alleviate stress on your business. Payroll The IRS outlined provisions for