Accounting Play Podcast: Learn Accounting

It Is April 4, 2020 on the Accounting Play Podcast. In rapid form we are going to cover major developments in the COVID-19 epidemic and the financial aid in process from the government. We are talking about $10,000 in small business grant money, new higher unemployment benefits, the Economic Injury Disaster Loans (EIDL), Paycheck Protection [...] The post APP: 060 SBA Emergency Loans, COVID-19, EIDL 10,000, PPP 2.5X, Unemployment, 2 Trillion Stimulus, 0 Percent Interest appeared first on Accounting Play.

What can businesses write off to save on taxes? A tax write off is something that reduces the taxable profit for a business and therefore decreases taxes due. Profit in a simple business can be thought of the money or assets available to pay the owner at a point in time shown on [...] The post APP: 059 Write Off Business Expenses, Ordinary & Necessary, Non-deductibles, and the Home Office appeared first on Accounting Play.

You need books.... fast! That means accounting. Profit and loss statement please as soon as possible. Here I will talk how the pros and rather, hacks, do it. We will layout the options from sloppy to choppy to a hoppy result. Need Quickbooks Online, Payroll, Business Bank Account, Business Rewards Credit Card, or even Turbo [...] The post APP: 058 Tips – Sloppy Accounting in 10 Min – Fixing and Creating Small Business Books by Know Your Numbers appeared first on Accounting Play.

How do I pay less tax? Should I be an LLC or S-Corp? What is deductible? All of the above are a few of the most commonly asked questions and we are going to do the most common questions business owners and startup entrepreneurs ask when they hire us to do the basics like bookkeeping [...] The post APP: 057 New Business Top 7 Questions and the Secret 3 Success factors appeared first on Accounting Play.