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COVID-19

PPP Loan Amount Increases After-the-fact

August 5, 2020 By Stephen Nelson CPA

The proposed “Continuing Small Business Recovery and Paycheck Protection Program Act” tweaks the Paycheck Protection Program in a bunch of … [Read more...] about PPP Loan Amount Increases After-the-fact

Filed Under: COVID-19, PPP

How You Should Have Done Your PPP Loan

July 28, 2020 By Stephen Nelson CPA

Hindsight is 20/20, the saying goes. But in most cases, hindsight doesn’t matter much. Knowing now that I should not have sold those Microsoft … [Read more...] about How You Should Have Done Your PPP Loan

Filed Under: COVID-19, PPP

Big PPP Loan Forgiveness Surprises Await Small Businesses

July 22, 2020 By Stephen Nelson CPA

PPP loan forgiveness surprises await some small businesses

Over the last few months, I blogged about PPP loans maybe a dozen times. I answered hundreds of questions from readers and clients. And I’ve written a … [Read more...] about Big PPP Loan Forgiveness Surprises Await Small Businesses

Filed Under: COVID-19

PPP Flexibility Act Scrambles Planning But Offers Hope

May 29, 2020 By Stephen Nelson CPA

PPP flexibility Act scrambles planning offers hope

On June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act. That's great news for PPP loan borrowers. The new statute … [Read more...] about PPP Flexibility Act Scrambles Planning But Offers Hope

Filed Under: COVID-19, management

Maximize PPP Forgiveness with Five Tips

May 26, 2020 By Stephen Nelson CPA

Maximize PPP Forgiveness by understanding the rules

You can maximize PPP forgiveness by understanding the Small Business Administration's Interim Final Rule on forgiveness. Further, by understanding the … [Read more...] about Maximize PPP Forgiveness with Five Tips

Filed Under: COVID-19, management, New business

Paycheck Protection Program Loan Forgiveness Application: Tips, Tricks and Traps

May 16, 2020 By Stephen Nelson CPA

paycheck protection program loan forgiveness application answers key questions.

Last night, the Small Business Administration published its Paycheck Protection Program Loan Forgiveness Application. The loan forgiveness … [Read more...] about Paycheck Protection Program Loan Forgiveness Application: Tips, Tricks and Traps

Filed Under: COVID-19

PPP Certification and the New Safe Harbor

May 13, 2020 By Stephen Nelson CPA

Worried about your PPP certification? Stop. You should keep the PPP money. For one thing, you probably need the money. For another thing, the … [Read more...] about PPP Certification and the New Safe Harbor

Filed Under: COVID-19, management

Losing PPP Loan Forgiveness

May 1, 2020 By Stephen Nelson CPA

PPP loan forgiveness not at much grace as you hope

A disturbing possibility: Surely many small business owners risk losing PPP loan forgiveness. Hopefully, most firms will only lose a bit. Some will … [Read more...] about Losing PPP Loan Forgiveness

Filed Under: COVID-19, management

PPP Certification Rule Change Creates Risk

April 28, 2020 By Stephen Nelson CPA

PPP certification rules create an impossible maze for small business owners

Late last week, the Small Business Administration published new guidance on the certification rules for the paycheck protection program. The PPP … [Read more...] about PPP Certification Rule Change Creates Risk

Filed Under: COVID-19, management

Paycheck Protection Program Loan Application Failed?

April 16, 2020 By Stephen Nelson CPA

Missed the boat on your PPP loan? Consider five tips.

Who knows how many small businesses applied for but failed to get a PPP loan. Certainly millions. Maybe tens of millions. Which begs an obvious … [Read more...] about Paycheck Protection Program Loan Application Failed?

Filed Under: COVID-19, management

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Washington State Estate Tax Calculator (2025 Version)

A new estate tax law passed by the Senate in April of 2025, and currently being considered by the House, taxes estates in excess of $3,000,000 at … [Read More...] about Washington State Estate Tax Calculator (2025 Version)

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Nate Silver On the Edge: Actionable Insights for Entrepreneurs

I read Nate Silver’s On the Edge on a recent trip to the California desert. The book isn’t really about entrepreneurship or small business ownership … [Read More...] about Nate Silver On the Edge: Actionable Insights for Entrepreneurs

Deep work tax deductions might mean you work someplace isolated and without distraction.

Deep Work Tax Deductions

On a recent vacation, I read Cal Newport’s book, “Deep Work.” Which got me thinking about tax deductions for deep work. Newport’s ideas have great … [Read More...] about Deep Work Tax Deductions

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