Outsourced CFO Solutions

In recent years, cloud-based technology has transformed our lives and given us an opportunity to effectively manage our business and personal needs. Whether you’re paying bills online or posting pictures on social media, you are technically in the cloud What is cloud-based accounting? https://outsourcedcfosolutions.com/cloud-based-accounting/

We’re pleased to share that we will be re-opening the office effective Monday, July 6th, after the Fourth of July weekend. In an effort to ensure the safety of both you, our valued client and our team, proper social distancing will be maintained in the office at all times Our seating arrangements will be arranged to be able to accommodate a set number of clients at any time so it will be of the utmost importance to be certain an appointment has been made. If you should be... experiencing any flu-like symptoms or not feel well, we ask that you reschedule your appointment. We also want to assure you we will be sanitizing the workspace after every client meeting and wiping down the office public spaces regularly. We want to ensure that everyone in the Outsourced CFO Solutions family, clients, and employees alike, remains safe and in good health. Thanks for your understanding as we work through the complexities of these most unique times and we look forward to seeing you and helping with your tax and business-related concerns. visit https://outsourcedcfosolutions.com

Dear Valued Payroll Client As you may have seen in the news this weekend, President Trump signed into law the Paycheck Protection Flexibility Act. Some important highlights of this Act: ... Covered period in which businesses can use the funds have been increased from 8 weeks to 24 weeks. Business are now only required to spend 60% of aid on payroll as opposed to the original 75% requirement. The allowable expenses for the remaining amount have not changed. Employers now have until December 31st to rehire workers to offset potential penalties for reduced head counts. In the days to come we will see further guidance and an updated loan forgiveness application from the SBA. If you have engaged us to track your loan forgiveness we will be applying the new guidelines where possible. For questions please give our office a call @ 916 773 7053, or email [email protected]

Just a reminder to hang up on anyone calling and claiming to be the IRS! Then give us a call and we can determine the best course of action for you and your financial well-being.