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Ways a Virtual CFO/CPA Can Help Your GROWING Business.

Ways a Virtual CFO/CPA Can Help Your GROWING Business.

1. Looking Ahead. Many tax preparers’ are historical in their view, focusing on the past that is already over.

2. Experience. A Virtual CFO of importance will have decades of experience and wisdom to rely upon when making short and long term strategic decisions.

3. Business Consulting. Though a Virtual CFO will never replace an attorney in terms of drafting legal documents he will “know the ropes” in order to best advise a course of action that is the most appropriate in the circumstances.

4. Rapidly Changing Business Environment. Financial dynamics are at play in your business 24/7. A Virtual CFO is “at home” in understanding and applying tactical opportunities to your advantage.

5. Tax Savings. A Virtual CFO can help guide in the prudent application of Best Practices to assist and guide in Tax Mitigation, Tax Compliance and Reporting ensuring “your business can focus on the issues of doing business”.

Keep your Tax Bill as Low as Legally Possible.

Keep your Tax Bill as Low as Legally Possible.
Use Our Tax Preparation Checklist.
Be Sure You Take EVERY Legal Tax Deduction.

We are pleased to offer your enterprise a unique CFO/CPA line of services.

We are pleased to offer your enterprise a unique CFO/CPA line of services. As CPA and “Virtual” CFO, your business’ success is nearly assured through assistance that will help you avoid those costly mistakes that often stop a new enterprise dead in its tracks.
www.HisCPA.com

Though only be a client for years, we seek you become a friend for life.

Our business model allows us to “stay lean” offering high standards of service in results and turnaround times alike, allowing streamlining of services from our partner John Dillard CPA, at very competitive rates. As my client, you will feel like you are more than just a number as we seek to provide service that seeks to constantly exceed your expectations. We seek to bring to your business Virtual CFO/CPA services, operational efficiencies, business wisdom and insight spanning three decades of commitment. Though we promise ten day turnaround on all of our work you will find our actual performance to be well-ahead of those seeking to offer competitive services.

“Though you may only be a client for years, we seek that you become a friend for life.” -John Dillard CPA, President of His CPA

Christian Excellence as a Faith Based CPA Firm

Christian Excellence as a Faith Based CPA Firm

“Continuing to thrive in these tough economic times is essential and we bring the necessary talent to bear are the mainstream of our practice.” -John Dillard CPA, President of His CPA

I Have Served as a CPA/Accounting Manager of a Nuclear Consulting Firm

I Have Served as a CPA/Accounting Manager of a Nuclear Consulting Firm.

Perhaps it’s a good idea to give us a call.

John Dillard CPA 770 814 9304

Making the Dream Work

Be sure that you have the best CPA you can find.

In readying for your PPP Loan Forgiveness Application Request it is My Understanding That…

In readying for your PPP Loan Forgiveness Application Request it is My Understanding that:

Payroll Processing fees are not part of the covered expenses and not eligible for forgiveness.

That any EIDL Loans are to be listed on the PPP Forgiveness Application and will offset the PPP loan amount eligible to be forgiven.

I suggest after your bank is ready to process PPP applications that you print it out and prepare a draft so I might review prior to its final submission.

It is my understanding the updated requirement that salaries be 60% of the total covered expenses does not limit the forgiven amount to 60% of the loan amount as it appears to do in the PPP Forgiveness Application Issued by the SBA. My present understanding of how PPP Forgiveness Amounts will be Calculated is rather that the 60% payroll cost is a requirement of total loan amount (i.e., if your loan amount is $30,000 that your payroll costs have to be at least $18,000 ($30K times 60%) in order that the $30,000 loan amount is able to be considered for forgiveness.

Please be reminded in latest PPP law update Congress allows you to select either a reporting period of 8 or 24 weeks (if you received your loan prior to June 5,2020) that you may submit your loan anytime during this time period being sure to maximize the amount of your PPP loan eligible for forgiveness within 30 days of the end of your reporting period. For loans after June 5, 2020 your reporting period is 24 weeks.

https://www.paychex.com/business-loans/loan-forgiveness-estimator