Minority-owned small businesses report much weaker financial conditions
Firms owned by Asian, Black or Latino Americans were more likely to report “fair” or “poor” financial conditions in the face of the COVID-19 crisis.
Firms owned by Asian, Black or Latino Americans were more likely to report “fair” or “poor” financial conditions in the face of the COVID-19 crisis.
Our panel of experts have identified these 12 credits, deductions and more as worth particular attention this year.
The guidance seeks to address several criticisms of the first rounds of PPP funding: largely that small, vulnerable businesses were unable to get assistance because larger business claimed the funds before small firms could get to it.
The latest round of coronavirus stimulus legislation includes some major tax provisions and changes for accountants to watch out for in the New Year.
One in four small companies said they’ll go belly up if economic conditions don’t improve over the next six months.
COVID-19, the election and much more all need to be taken into account.