There is talk right now that Congress might enact automatic forgiveness for all PPP loans under $150K. This would be a sigh of relief for Chattanooga small businesses (and their accountants!) everywhere. Nothing has been passed, but it’s under strong consideration. And, in case you didn’t know, the PPP program is STILL available — until August 8th, 2020. The best … Read More
Is It Time For Your Chattanooga Business To Get A New Tax Accountant?
I’m going to take a moment to address those of you who might NOT be using our services thus far. There’s a word or two for current Chattanooga clients here as well, but allow me to explain. You see, sometimes, you just know you need to make a change, but the timing isn’t quite right. Well … is now the … Read More
Thank You Chattanooga Small Businesses
Lifting my heavily-lidded eyes to peer up through the haze of government forms and procedures, I peek at the calendar, which today says: July. And we are still doing tax work. This year has been insane. Yet we have had the PRIVILEGE to walk alongside you through major disruptions and chaos. Because I do count it as a privilege. Small … Read More
What To Try When Your Chattanooga Business’ Receivables Are Slowing Down
At the end of last week, the House approved the Senate’s action of extending the PPP loan availability for 5 more weeks, and the President signed it shortly thereafter. This means that approximately $129 billion in remaining PPP funds can be tapped by Chattanooga businesses who have failed to do so yet. This program was launched in April 2020, and … Read More
Using KPI’s For Your Chattanooga Business
Scattershotting around the world of SBA loans and taxes here before the huge deadlines looming on July 15th. (As a reminder: 2019 personal tax returns and payments, first AND second quarter 2020 estimated tax payments are ALL due on Wednesday, July 15th.) We’re working with all of our Chattanooga business owner clients to dot every i and cross every t … Read More
Hey Chattanooga Business Owners, Do You Understand The Value of Time?
How are you and your Chattanooga business hanging in there these days? I’d be interested in what kind of revenue you’re managing (unless you’ve already given us visibility into your books — I can see for myself). Shoot me an email, and let me know. I might have some ideas for you that could help, depending on your stage of … Read More
Customer Value Represents The True Value For A Business In Chattanooga
The nation keeps roiling, and life for many of your Chattanooga customers might take longer than anticipated to get back to “normal”. For some, they might not actually want to get back to whatever that “normal” was before all of this. Some of this change might be healthy. But for many, these days are hard. And that includes many of … Read More
Good News for Chattanooga Businesses About
Just when we thought that the business-related news might slow down for Chattanooga business owners… Not only are unemployment numbers improving (much to the surprise and delight of the stock markets), but … Congress passed, and the President has signed a bill that affords businesses who received the PPP (whether in the first or second round) some big flexibility when … Read More
Tommy Taylor’s Four Steps To Properly Handle Upset Customers
2020 has been … something. Maybe, if we’re all fortunate, the SpaceX launch will be the best thing to come out of this season. Because there is simply pain all around right now. I said this in another place, but it’s overwhelming, as someone who has to communicate to a broad base of Chattanooga clients, to even articulate meaningful words … Read More
For The Sake of Your Chattanooga Business, Don’t Navigate This Extended Tax Season Alone
…don’t navigate this season alone. The more we learn about the nuances of PPP forgiveness, EIDL regulations, the Employee Retention credit (an alternative, payroll-tax-specific way to save cash for your Chattanooga business) … well, the more that we discover that much is still unclear. Any Chattanooga tax professional who is honest will tell you the same thing. In fact, we … Read More