Counting Down the News - September 1, 2021
Having trouble sorting through the endless barrage of news and content online every day? You aren't alone. Every week, we publish a curated list of some of our favorite articles for small businesses. Tune in every Wednesday to read the latest SMB news, thought leadership pieces from our favorite bloggers, #smallbiztips, and much more.
Counting Down the News this week: How small your small business is, consumer spending trends this summer, the billions in COVID relief money still available, and more.
Inc.: Are small businesses all small? The answer might not be as obvious as you think, and it matters more these days with some aid programs directed at small businesses specifically. So, how small is your business?
CNBC: Americans are switching up who they turn to for financial advice, and the new go-to may surprise you.
The Wall Street Journal: US consumer spending and household income both grew in the month of July.
Entrepreneur: Here are 3 strategic shifts you can make to take your business from six to seven figures per year.
CBS News: Walgreens has just become the latest major company to raise their minimum wage for employees to $15 an hour.
Tampa Bay Times: A University of South Florida accounting manager plead guilty to embezzling $12.8 million from a nonprofit company affiliated with the school.
Accounting Today: According to the latest Paychex report, “small businesses continued to increase hiring and hourly pay in August.”
Small Business Trends: In a recent interview, SBA Administrator Isabella Casillas Guzman said that “there are still billions of dollars available in COVID relief money for small businesses.”
CNBC: The former CEO and co-founder of tech start-up HeadSpin has been charged with defrauding investors out of $80 million.
Reuters: US consumer confidence hit a six-month low in August “as worries about soaring COVID-19 infections and higher inflation dimmed the outlook for the economy.”
Looking for help with the PPP forgiveness process? Our experts at TaxCPE converted the SBA's very complicated instructions and side computations into a series of worksheets that make completing the SBA applications (Form 3508EZ and Form 3508) considerably easier. Download them here.
Also available: TaxCPE's 2-hour "PPP Loans & Forgiveness" CPE webcast is ready to answer your most difficult questions and guide you through the PPP forgiveness application with our comprehensive worksheets. See it here.
Don't miss our most recent CountingWorks posts:
PPP Loan Forgiveness Portal Now Open
5 Things Business Owners Should Know About Audits
The Pros and Cons of Purchase Order Financing for SMBs
Business Profit vs. Cash Flow: What's the Difference?
Did we miss a great article this week? Let us know in the comments below!
I am equal parts marketer, traveler, and writer, and I've been doing all three for as long as I can remember. I have spent most of my time since graduating university traveling and working remotely in Africa and Europe. My passion lies in conveying the right messaging to the right people, and being a part of the CountingWorks and TaxBuzz team means I get to do that not only for our company, but for clients across the country as well.
In the face of economic uncertainty, TaxBuzz is the industry's most up-to-date tax information.
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