We understand that this is a trying and uncertain time for small businesses. COVID-19 restrictions have made things difficult with ever changing rules and regulations. Many businesses are struggling to stay afloat but fortunately there are several measures being implemented at both the state and federal level to help ease the economic burden on business owners. We are happy to share some of these options with you as well as some good resources for your business.
O2 CPA Consulting Group, LLC offers a summary of IRS action already taken and federal tax legislation already enacted to ease tax compliance burdens and economic pain caused by COVID-19. A list of these options can be viewed here.
We are all small businesses and need to stick together sharing relevant information on how to reduce costs and grow our bottom line. Many of our clients are asking us to switch them to our Zero Credit Card Fee Program, which adds a custom fee for all transactions that are not cash, i.e. credit card transactions. Call us at 505-296-2847 to learn more.