At MBA Financial & Accounting Solutions, we want to make sure that you are well equipped to enter the year 2021 in the right direction. The year 2020 has been…
Category: COVID & Small Business
Upcoming Tax Changes for 2021
HSA Limits Every year, contribution limits for health savings increase due to inflation. 2020 we saw the emergence and impact COVID-19 had on world economies. Unemployment and bankruptcies soared, interest…
Small Business Relief For The Holiday Season
Life was turned upside down in 2020. With a global pandemic that sparked an economic collapse unlike any other, we did not expect a quarantine period to last this long…
Election Day Is Here
With the way that the year 2020 has gone, it can not culminate with a better-ending fit than with the Presidential Election. The day has come where we have all…
How to Stay in Business During COVID
The medical toll from the pandemic caused by the coronavirus (SARS-CoV-2) continues to rise. As of September 25, 2020, the U.S had recorded 6,958,632 cases, according to data supplied by…
The Effect of the Coronavirus on Small Business in the U.S.
In December 2019, when the first reports of a strange new virus in China emerged, no one imagined the devastating effect the infectious parasite would have on the world. But…
How The $2 Trillion Coronavirus Aid, Relief and Economic Security Act (CARES) Benefits Californians
As we are writing this on March 28, 2020, COVID-19 (Coronavirus) is a global pandemic and, more or less, has ground the world – citizens and economies – to a…
Gig Worker Bill in California May Turn Independent Contractors into Employees
In rather Cinderella-like circumstances, legislation—known as the “gig worker bill”—may have, at the stroke of midnight on December 31, 2019, turned hundreds of thousands of “independent contractors” into “employees.” California’s…
Business Survival Depends on Cash Flow Management
It’s been said that “a goal without a plan is just a wish.” Needless to say, planning is vitally important and indispensable. Planning forces a consideration of the various factors,…