Michelle Hughes, CPA https://www.eastbaychamberri.org/sail-to-success.html
Over this past year our firm has had many small successes, even through difficult times. During March and April of 2020, while many small businesses were struggling with shut-downs, and maintaining employees, our office was able to increase hours and accept new clients during these trying times. The demand for tax and accounting services was heightened by new tax legislation and the need for interpretation of the Acts put into place by congress. As we continue to work through remote access with limited office hours, we strive to ensure the ongoing safety of our staff & clients.
Over the recent months, our firm has helped many small business clients navigate their way through the ever-changing PPP loan process and the CARES Act passed by Congress on March 26th. We educated our clients about best practices regarding the handling of their PPP funds. This includes techniques for tracking their spending, which may increase their ability to obtain 100% loan forgiveness depending on how they choose to spend their funds. As the process continues, over the next few months, we will continue to be by their sides assisting in the forgiveness application process and with 2020 budgeting and bookkeeping. One of our goals is to help them navigate this process as smoothly as possible and come out on top despite a downturn in the overall economy.
Are you struggling with QuickBooks, or want to simplify your monthly bookkeeping process? Stacy is implementing new tools and continually monitoring ways to help you focus on your own expertise and business growth, while she is behind the scenes attentively reconciling and classifying your data.
Stacy earned her bachelors degree in accounting from Grand Canyon University and has worked as an Accountant in the non-profit sector and as an Accounting Manager in the insurance industry. Having previously run her own home-based business for almost two decades, she brings first hand knowledge and practical applications to her foundation as an accounting professional who understands the complexities and challenges of small business and looks for innovative solutions.
Accuracy and proper classification of your data are essential to simplified and timely reports. In order to apply the best allowable tax benefits, Stacy will strive to understand your industry and your unique business patterns. Her ultimate goal, and that of our Firm, is to offer cost and time saving suggestions to better empower you to succeed.