Tesla went public ten years ago today, pricing shares at $17, higher than its expected range of $14 to $16. The company raised around $226 million in its IPO, with shares surging that day by around 41% to close at $23.89. Today, shares in the electric vehicle maker closed at $1,009.35, meaning Tesla’s stock has […]
VAT deferment period is finished
During the current crisis HMRC has allowed VAT registered businesses to defer paying their VAT liability for the period between 20 March and 30 June 2020. This deferment applied to VAT periods ending 29 February, 31 March and 30 April where payments would be due by 7 April, 7 May and 7 June. That deferment […]
Updates to PPP Loans: 5 Things To Know Now
The federal government has updated components of the Paycheck Protection Loan Program (PPP). The application period is still open, and the rules have changed (for the better) since I first started blogging about the issue. Let’s look at five things you need to know right now about what’s changed. You Can Still ApplyIf you have […]
Small Business Bookkeeping: The Complete Guide
Although every aspect of overseeing a small business can be challenging, financial management is often uniquely complex. Even though a basic understanding of financial management may bring an entrepreneur through the first stages of business development, a comprehensive understanding is eventually required. In the content below, we seek to provide a helpful small business bookkeeping […]
7 Crucial considerations for DIY Amazon bookkeeping
As an Amazon seller, should you do your own Amazon bookkeeping? I’ve heard this question from many sellers and today I’m going to share my thoughts as a bookkeeping expert, CPA, and e-commerce specialist. Do you have what it takes to do your own bookkeeping and is it the best path for you? Take a […]
Verizon is pulling advertising from Facebook and Instagram
Verizon CEO Hans Vestberg speaks on the floor at the New York Stock Exchange, October 22, 2019. Brendan McDermid | Reuters Verizon said on Thursday it is pulling advertising on Facebook until the company “can create an acceptable solution that makes us comfortable.” A company spokesperson said the pause applies to both Facebook and Instagram. […]
Podcast: Education planning how-to’s in a COVID world
The coronavirus pandemic brought major changes to higher education. Ranging from where to attend classes to exploring the upcoming financial aid filing season, there are a lot of important factors to consider. Hear from professor and education planning expert, Ross Riskin, CPA/PFS, in this podcast as he shares new strategies around: Using 529 plan distributions […]
Here are the 8 states that trigger coronavirus quarantines for travelers going to New York
A woman puts on a protective mask as is instructed by Miami-Dade County Social Distancing Ambassadors as beaches are reopened with restrictions to limit the spread of the coronavirus disease (COVID-19), in Miami Beach, Florida, U.S., June 10, 2020. Marco Bello | Reuters As coronavirus outbreaks surge in several states across the country, public officials […]
Stock futures slip after Nasdaq Composite notches new record
People are walking by the New York Stock Exchange (NYSE) building during Covid-19 pandemic in New York on May 26, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Futures contracts tied to the major U.S. stock indexes slipped at the start of the overnight session Tuesday evening as Wall Street looked to take a breather […]
Update: The EZ Version of the PPP Loan Forgiveness Application
Last week, the U.S. Small Business Administration, in consultation with the Department of the Treasury, released an updated PPP loan forgiveness application. The organization also released a new EZ version of the PPP loan forgiveness application for borrowers that meet one of the following criteria: Self-employed with no employees An employer who did not reduce […]