Blog

• What is Earned Income and Why Does It Matter?

  • May 8th, 2020
  • Posted in Tax Information
  • Tags: earned income, income, payroll, salaries, tax information, wages

  When you own or work for a business, you receive earned income, but that term doesn’t include all income. Understanding the difference between income that is earned and unearned is essential for determining tax liability and tax credit eligibility. So… Read More

• New Developments for Our Clients Seeking COVID-19 Relief

  • April 29th, 2020
  • Posted in Business Advising
  • Tags: business advising, covid-19, covid-19 relief programs, relief programs

  At The Harding Group, we are diligent about staying informed on the ever-evolving list of COVID-19 relief programs. Every week brings new developments that affect our clients and their businesses. This week saw a few new updates in COVID-19 relief… Read More

• Employer Responsibilities During a Temporary Business Closure

  • April 24th, 2020
  • Posted in Employers
  • Tags: business advising, CARES Act, coronavirus, covid-19, employers, federal grants, federal loans, temporary closures

  During the coronavirus pandemic, many businesses have to face temporary business closures to hopefully save their business in the long run. When this happens, there is a lot of information and processes that must be undertaken for employees and customers… Read More

• Updates on COVID-19 Relief Programs

  • April 17th, 2020
  • Posted in Business Advising
  • Tags: business advising, CARES Act, covid-19, federal grants, federal loans, paycheck protection program, relief programs, SBA loans, small business, small businesses

  As we have noted in our last few posts, there is new information coming out every week regarding the recently-passed CARES Act. This act is designed to help small businesses survive while enduring unique circumstances during the COVID-19 pandemic. At… Read More

• Information On The Federal Paycheck Protection Program

  • April 7th, 2020
  • Posted in Payroll
  • Tags: covid-19, federal programs, loans, payroll, sba, SBA loans, small business administration, small business loans, small business payroll

  The Paycheck Protection Program is a part of the CARES Act recently passed into law by the Federal government. This program provides loans to small businesses and self-employed people that can be forgiven, which means that you don’t have to… Read More

• How the CARES Act May Impact You and Your Business

  • March 31st, 2020
  • Posted in Business Advising
  • Tags: business advising, CARES Act, coronavirus, covid-19, federal grants, federal loans, small business, small business loans, tax information

  This past Friday, Congress passed a $2 trillion stimulus package called the CARES Act (Coronavirus Aid, Relief, and Economic Security). It’s nearly 883 pages and contains a bounty of information. At the Harding Group, we want to make sure our… Read More

• Important Updates and Advice from the Harding Group

  • March 24th, 2020
  • Posted in Financial Planning
  • Tags: covid-19, debt, financial planning, irs, loans, small business advising, tax information, updates

  Due to the frequent changes and announcements regarding tax and other programs that impact our client base, The Harding Group wants to reach out to our clients to address some questions or concerns they may have. We will keep monitoring… Read More

• 6 Reasons You Should File Your Taxes Early

  • March 19th, 2020
  • Posted in Tax Information
  • Tags: accounting, deductions, file taxes, filing taxes, tax credits, tax information, tax refund, tax return, taxes

  Due to the Coronavirus pandemic, the federal tax deadline has been pushed back from April 15th, to July 15th. While it was already easy to procrastinate when filing your taxes, there are many benefits to filing your taxes ahead of… Read More

• Breaking Down the Order of Financial Statements

  • March 11th, 2020
  • Posted in Accounting
  • Tags: accounting, accounts, balance sheet, cash flow, financial statements, small business accounting

  Last week we outlined the four primary types of financial statements. These statements include the cash flow statement, the balance sheet, income statement, and the statement of retained earnings. These statements are essential for assessing the current state of your… Read More

• The 4 Types of Financial Statements

  • March 4th, 2020
  • Posted in Accounting
  • Tags: accounting, balance sheet, cash flow, financial planning, financial statements, income statement, retained earnings

  Every business utilizes financial statements to get a snapshot of the financial health of their company. Without financial statements, you wouldn’t be able to monitor revenue, project future finances, or keep your business on track for strong earnings. These financial… Read More