Barbara’s Blog
Taxation of Unemployment
All non-essential businesses are closed which means MANY people are out of work. Yikes. The only silver of hope may be unemployment insurance for many families. In addition, everyone who qualifies for State Unemployment Insurance will also receive an extra … Read More
Payroll Protection Program (PPP) Loans
Hurray! In the past few weeks or the next couple of weeks, many businesses will receive a “welcome surprise” in their bank accounts – much needed funds to help survive this pandemic. That’s the good news… The better news is … Read More
Free Money?
No. It’s a stimulus payment. In the next month, every American over the age of 17 who is NOT a dependent and reported an adjusted gross income (AGI) of less than $75,000 in 2018 will receive $1,200 and every child … Read More
Save on Credit Card Late Penalties
Paying off credit cards balances on a monthly basis is a great habit for everyone. However, sometimes life becomes complicated and we end up carrying credit card balances causing interest expense. One of my pet peeves is the late payment fee (usually … Read More
Happy St. Patrick’s Day!
Lefty Gomez (Yankee player in the 1930’s) stated “I’d rather be lucky than good.” Gary Player (Professional golfer from 1950-2015) added “The more I practice, the luckier I get.” St. Patrick’s Day is all about luck, but you need more than … Read More
Nominated! TOP 100 ProAdvisor
Last Friday, Insightful Accountant announced the 2020 nominations for the Top 100 ProAdvisor Awards and Barbara J. Smith made the list again! Along with nearly 400 other ProAdvisors, I have been nominated for the past three years. The designation was created … Read More
Death by Chocolate
Tuesday, February 18 Death by Chocolate My favorite weekend on Chincoteague Island is the Death by Chocolate weekend. I enjoy visiting many of your businesses, chatting and eating chocolate. Did you know the Maya civilization used chocolate as money? Cacao was far … Read More
Groundhog Day
Each year, I attend the Scaling New Heights conference to learn more about QuickBooks apps that solve business issues. The conference usually holds a contest to promote attendance. This year, the contest involved taking your picture with a groundhog. I found Wally, the … Read More