Insights
Stay informed with timely perspectives from the PNF team. Our insights cover accounting updates, tax developments, business strategy, and financial planning topics that matter most to business leaders and individuals.
Explore our blogs to stay ahead of regulatory changes and make confident financial decisions.
What Should Small Business Owners Know About the Importance of Getting Their Accounting Right the First Time?
Every small business owner should be borderline obsessed with getting the nuances of accounting right on the initial attempt. Crunching the numbers to perfection on the first try prevents a litany of problems down the line. Do your accounting right the first time around and you’ll avoid all sorts of potentially time-consuming projects ranging from IRS audits to tax penalties and more.
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PPP Loan and Everything In Between
As the global pandemic of the Coronavirus wreaked havoc on US small businesses, the PPP, also known as the Paycheck Protection Programme, came to life. Backed by the Small Business Administration (SBA), the Coronavirus Aid and the Economic Security CARES Act established this loan program with over 350 billion USD to provide eight-weeks’ worth of cash to help small businesses pay their employees.
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Recent New Jersey Pass-Through Income Tax is Available for the First Time for Tax Year 2020
Last January, New Jersey Governor Phil Murphy signed into law NJ SB3246, the “Pass-Through Business Alternative Income Tax Act,” making 2020 the first year the Pass-Through Business Alternative Income Tax is able to be applied. With this legislation, the Garden State joined several other states in enacting some variation of an entity-level tax on pass-through entities (“PTEs”) in order to work around the $10,000 federal cap on individuals’ itemized deductions for state income taxes.
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HRSA for Physicians
The Health Resources and Services Administration (HRSA) is an agency of the U.S. Department of Health and Human Services. It is the primary federal agency for improving health care to people who are geographically isolated, economically or medically vulnerable.
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9 Reasons Why You Need To Hire A CPA
If you’re an owner of a small or medium-sized business, you’ll need to invest a lot of time and energy into the vision of your company, from developing your strategies and growing your client base to making more sales and more significant profits. Hiring a certified professional accountant will lift a heavy weight off your shoulders, handling your financial situation with expertise.
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5 Tips To Plan Your Taxes In 2021
The global pandemic has undoubtedly affected all businesses, no matter how big or small. Even with the CARES ACT and PPP loans, small businesses still find adapting to the pandemic cumbersome. Since Covid-19 amplifies the challenges of running a business and that as a business owner, you have to increase your profit during a global pandemic, cut your spending, and overcome financial and operational HR obstacles- we will help you set foot in 2021 with just 5 steps.
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Joe Biden’s COVID stimulus bill: What you need to know
Joe Biden, US President, had just approved the American Rescue Plan, which stipulates that more than $1,400 are dedicated to stimulus checks. However, the plan expands to include benefits for different sectors. For example, $1.9 trillion of COVID’s relief package are allocated for health care, unemployment benefits, schools, and businesses. So, without further ado, let’s delve into the help of the new stimulus package.
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How to Improve Your Credit Score
At some point in the future, you’ll want to buy a new house in a fancy neighborhood or buy the newest model of a certain car. To do this, you’ll need to get a loan. However, if your credit history isn’t the best one out there, your chances of getting a loan will dim considerably. This is when you should think about improving your credit score. Although it might take a bit of time to do so, achieving this within the realm of possibilities.
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How To Design Benefits Program For Your Employees
It is 2021, and by now, every employee should know how important keeping employees happy is. There are several ways to go about this. For example, providing your employees with motivational rewards, bonuses, or even mere words can keep them productive through the whole week.
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