Free Reports

Join now and receive 4 exclusive reports FREE:

COVID-19 funds for your company or clients

PPO SBA loans

  • How to get it—how to get it forgiven
  • Maximum loan available—maximum employee pay that qualifies

Postponing 2020 payroll taxes

  • How to do it, step by step

How to get a refundable employee retention tax credit (ERTC)

  • How to calculate and obtain an ERTC refund

How to claim the sick leave/family leave refundable payroll tax credit

  • Employee pay requirements to qualify
  • How to claim the credits in advance

The small-business Emergency Economic Injury Disaster Loan (EIDL) Grant.

  • Cash within 3 days

How to avoid COVID-19 scams

And more

How to record COVID-19 funds in the general ledger.

  • When you get a PPP loan and debit—which account do you credit?
  • How do you accrue interest on a PPP loan?
  • What accounts do you debit and credit when the PPP loan is forgiven v. not forgiven?
  • How do you compute the refundable SS taxes for an ERTC credit by quarter?
  • Which accounts should you debit and credit for an ERTC refund?
  • What accounts do you debit and credit for and EIDL loan?

And more.

Get the answers you need in this special report.

How to:

  • Post returned checks
  • Withhold from car allowances
  • Know when to take, or refuse, a prompt-payment discount
  • Record checks made out to cash
  • Prove expenses if canceled checks are lost
  • Correct W-2 errors the easy way
  • Prepare internal income statements
  • Set up successful collection calls

Plus: Often overlooked overtime pay rules under the new law.

  • Who must be paid overtime
  • There is no overtime pay for these hours
  • Include these payments in overtime pay computations
  • Do paid days off count as hours worked?
  • When you can use comp time

And more.

Put key changes at your fingertips:

  • Change #3: Wnat those travel deductions? Prepare to prove your “tax home.”
  • Change #7: IRS scrutinizes electronic accounting—they are after these JEs.
  • Change #11: Now the same worker can be both employee and IC: here’s how.
  • Changes #15: New IRS test for employee v. IC—the old test is out.
  • Change #17: Heads up on new IRS payroll tax audits.
  • Changes #18: Hidden dangers in family-firm compensation.

Plus:

  • Change #9: Employee ID protection can be tax-free.
  • Change #20: How to handle name/SSN mismatches.

And more.

Discover:
How to protect yourself

  • if you sign company checks
  • if you withhold taxes on paychecks
  • against liability for company loans
  • against liability for company notes
  • against liability for retirement plans
  • against inadvertent disclosure


How to protect your company or client

  • 9 easy ways to prevent bad check losses
  • 5 ways to protect company bank accounts and other cash
  • 12 policies that prevent fraud
  • 15 signs that employees are stealing

And more.

MENU