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The Beyond Balanced Books Blog

boat regarding your cash flow

What is Cash Flow?

Have you ever worried about having enough cash in the bank to cover your expenses? Are your concerns not so much if you have enough cash in the bank for your expenses for this week or this month, but you want to know if there is a point in the foreseeable future that your cash […]

coffee table six benefits to working from home

Six Benefits to Working from Home

Over the past few months, many people who have never worked from home before are now being asked to do so for the foreseeable future. Here at Beyond, working from home has been our normal for quite some time. If you are struggling with the change in your work situation, here are six benefits to […]

What is the Paycheck Protection Program Flexibility Act?

On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act (PPPFA). This law brings changes to the Paycheck Protection Program (PPP) that PPP loan borrowers should be aware of. PPPFA changes the amount of funds to be spent on payroll to 60% The PPFA reduces the amount of the loan […]

Proper Meeting Etiquette on Zoom

It’s a whole new world, for all of us in many ways. One big change for many is the shift from working at the office to working at home. Meetings normally held in person are now being held virtually with video conferencing tools such as Zoom. If you are new to this meeting format, what […]

Creating a Budget During A Crisis

During these challenging times, why even try to tackle a budget? It may sound strange but having a budget contributes to your peace of mind. With so many unknowns, creating a budget can help you feel more grounded and aware of what your financial situation actually is. Essentially when you create a budget you are […]

Success with PPP: Setting up your PPP Loan

Congratulations, you got a Paycheck Protection Program (PPP) loan! As you have probably heard, not all small businesses have had success applying for or getting approval for this type of economic relief. So take a moment to enjoy the fact that you did receive funding. Now that you have received your funding, what is the […]

What is the Employee Retention Credit?

In a previous blog, we outlined a provision from the IRS to offer employers Payroll Tax Deferments as part of the Coronavirus Aid, Relief and Economic Security Act (CARES Act). Another recent provision made available through the IRS is the Employee Retention Credit. Here we will discuss the particulars on this type of relief. What […]

What can I do if I have not received PPP funding?

Updated 7/7/2020 We have been talking with many of our clients regarding the Paycheck Protection Program (PPP) authorized by the CARES Act these past couple of weeks. Some of our clients applied for a PPP loan and have already received funding. However, many ran into problems with the application process. Perhaps you have asked: “What […]

Paycheck Protection Program: New Guidance for Self-Employed Businesses

In a previous post, we provided an overview of the Paycheck Protection Program (PPP), one of the loan provisions under the CARES Act. There has been an abundance of new information released about this program. One significant change is new guidance for self-employed businesses. If you are an independent contractor and sole proprietor, what should […]

What is the Federal Payroll Tax Deferment?

Many small businesses are applying for economic assistance through either EIDL or PPP loan programs. However, it seems that getting approval for these programs is taking longer than anticipated. What are some other ways that small business owners can get more immediate relief? As part of the CARES Act, employers can seek deferment of certain federal payroll […]

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