Dear Clients, New Year, new office! Cross Accounting is excited to announce that we're moving. With the move, we will have a larger, more modern space to accommodate our growing staff as well as clients for in-person meetings. We will be co-located in the same office as our BJM Group sister firm Brumlow & Co, [...]
Over the past year, we've been busy helping our clients continually react to changes brought on by the pandemic, be it by assisting them in securing a Paycheck Protection Program (PPP) loan or guiding them in restructuring a business. In all these cases, accounting and tax preparation have been the fundamentals from which we were [...]
On Friday, August 28, the Internal Revenue Service (IRS) issued guidance on deferring an employee’s portion of Social Security tax for the period beginning September 1 and running through the end of the year. The guidance sets rules for implementing President Trump’s Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster, [...]
In addition to years of experience in administration, Pam Wood Ellis has been a journalist, legal assistant, and in financial management administration. Her diverse knowledge base and skill set have served her well, contributing to her success with Cross Accounting. Clients describe her as people-oriented and straight forward. After earning a BA in Journalism with [...]
Mina began her career in international banking, where her experience with buying/selling of stocks/shares and foreign exchange transactions helped prepare her for a transition to accounting work. Those finance skills, as well as experience with taxes, have served Mina well in her current role in accounting and bookkeeping with Cross Accounting. Mina likes the diverse [...]
No matter your age, the coronavirus pandemic has likely had an impact on your budget. You probably haven’t been traveling or going out much, but any funds you’ve saved may instead be sitting in stockpiles of toilet paper or supporting food delivery services. After three months of reacting, it’s time to start being more proactive [...]
Marilyn McLaughlin is a Certified Public Accountant at Cross Accounting. She joined the firm in 2005 and is Cross Accounting's sole CPA. Marilyn is a numbers person; she likes working with accounts and balances and making sure that everything is exact and correct. She also enjoys helping clients with their various accounting needs. Marilyn is [...]
A little more than two months after creating the Paycheck Protection Program (PPP), Congress and the President listened to the pleas of business owners and passed a law easing some of the requirements for PPP loan forgiveness. The Paycheck Protection Program Flexibility Act (PPPFA) not only grants more time for borrowers to use and payback [...]
A little more than two months after creating the Paycheck Protection Program (PPP), Congress and the President listened to the pleas of business owners and passed a law easing some of the requirements for PPP loan forgiveness. The Paycheck Protection Program Flexibility Act (PPPFA) not only grants more time for borrowers to use and payback [...]
Now that the Paycheck Protection Program (PPP) has been open for applications for a little over two weeks, more details about the process, payroll calculations, and loan forgiveness are becoming available from the Small Business Administration (SBA) and Treasury Department. This $349 billion program is designed to help small and mid-sized businesses retain employees and [...]
