My Greatest Fear
My greatest fear is that the world, and specifically the United States, is on an accelerated path of self destruction and there […]
Category: crisis management
Nontaxable gasoline reimbursement plan
The sudden rise in gasoline prices is causing employers and nonprofits to ask whether reimbursing gasoline expenses to employees and volunteers will […]
How to report PPP loan forgiveness on your 1040 tax return
IRS included little specific guidance on the reporting of tax-exempt income from the forgiveness of a PPP loan. Generic instructions are included […]
Is a small business tax crisis looming?
I am increasingly concerned about the possibility of a small business crash ahead. The early warning sign is the difficulty I see […]
Millville CPA Announces $50,000 in Free Accounting Support to Community
Tony Novak CPA is pleased to announce exciting changes to nonprofit and micro-business accounting services for 2022. We all know that 2021 […]
Preparing for disaster
I’m not quite among those who are building bunkers1 for the coming apocalypse. But I am among those who plan for everything […]
Rules for CPAs who handle clients’ PPP loans
Last year the AICPA issued ethics guidance to CPAs who handle PPP loan application and forgiveness applications for their business clients. This […]
4 new concerns for small business owners
(The short Facebook Live presentation of this topic is published at https://fb.watch/2Y8-AzhgVE/ ). Here’s where we are in the small business world […]
Safety planning for 2021 post-pandemic: a personal choice
By all accounts, we are not yet halfway through the worst of the COVID pandemic as we soon enter the cold weather […]
Covid small business disaster story update
My list of Covid small business accounting horror stories is down to just three remaining open and unresolved: 1) A bank that […]