Blog
For The Sake of Your Washington DC 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 Washington DC business) ... well, the more that we discover that...
Big PPP Loans Forgiveness Update From The IRS For Washington DC Businesses
Are you tired of talking and thinking about the PPP? Because I'm tired of talking and thinking about the PPP.That said -- this program has been a lifesaver for a variety of my Washington DC clients, and it has provided a great shot in the arm for others.And, well ......
Should Your Washington DC Business Consider Returning The PPP Loan?
There has been a lot of recent chatter about the PPP money, who got it, who didn't, and even if some Washington DC companies should pay it back.Well, I have some thoughts on this for you today, but ultimately, you will have to be the one who makes this decision.It's...
An SBA Funding Update And Four Scenarios Your Washington DC Business Could Be In
The second round of PPP funding began this Monday at 9:30AM Eastern.This funding was $322B (as opposed to the first at around $349B). The first round of $349B funded 1.6MM business.As for those who were waiting on that first round, the SBA hasn't shared recent...
What Your Washington DC Business Should Do If They Received PPP Funding
I promise that one day I'll write to you and my Washington DC area readers about matters other than government aid, the CARES Act, PPP/EIDL, and whatnot.But as we all keep saying: these are extraordinary times. Pick your cliche -- it all fits right now.But here is a...
Five Ways To Get Small Business Help Right Now For Your Washington DC Business
I'd like to simplify things for you today.There is so. much. noise. right now about how to survive (even thrive) in the midst of this very difficult season."Pivot" they say.And yes, if you are running a business, these times call for a bit of a shift. Only a very...
A Guide to Paycheck Protection Program Loans for Washington DC Businesses
This is a very important message, and I'd like you to read it carefully.Here at Team AccountAbility, we have been walking closely with our Washington DC business owner clients (and many, many new business owners who have been reaching out) to cut through the noise and...
What Does The CARES Act Mean For Your Washington DC Small Business?
These days are moving VERY quickly, and we are working VERY hard to get communication out to our Washington DC clients and friends.You probably already heard that the CARES Act (the mammoth 880+ page disaster relief bill) was signed over the weekend, and help IS...
The New Stimulus Bill Has Huge Impacts For Washington DC Businesses
Some huge news is happening for Washington DC business owners, that I'm sure you've heard rumors about, so I wanted to reach out to you quickly with some first-blush details.I also wanted to offer this:If you have business associates or friends who need help ensuring...
AccountAbility COVID-19 Policy
Until further notice.This is a busy, fearful and unprecedented time of the year for all of us. We are in your corner, even still.Due to the Coronavirus Pandemic, we will continue to accept client documents and prepare returns virtually but cannot meet face to face. We...
Tax and Financial Advice For Washington DC Business Owners Impacted By COVID-19
No, this is NOT just another "here's what we're doing about COVID-19" message.The time for that was last week. Every brand and their brother sent out those messages, and they lost their usefulness -- right now, it's a marketplace expectation that we're all taking...
Kevin’s thoughts on Employee Incentives for Small Business Owners
We work with lots of Washington DC area businesses here, and as a result, I get a little crash course in my clients' business practices. It's a fantastic crash course for me and my team.And since I'm in the financial trenches with so many of them, I see lots of ways...
