Cross Accounting Success Stories

Cross Accounting Success Stories

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 [...]

Meet the Team – Pam Wood Ellis

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 [...]

Meet the Team – Mina Bhagat

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 [...]

Meet the Team – Marilyn McLaughlin

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 [...]

Paycheck Protection Program Flexibility Act Grants PPP Borrowers Some Relief

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 [...]

Paycheck Protection Program – Q&A

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 [...]

CARES Act Signed Into Law

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law March 27. The largest economic aid bill in US history, the ACT allocates $2 trillion in an attempt to lessen the economic damage from the COVID-19 pandemic, including $1.5 trillion in spending and tax cuts, along with $500 billion in loans. The [...]

Paycheck Protection Program – Forgivable Loans for Small Businesses

You’ve probably heard about last week’s signing of the Coronavirus Aid, Relief, and Economic Security (CARES) Act—the largest aid package in history. Here’s a summary of the Act that we just published. There’s one provision you’ll want to be aware of if you’re a small business owner: the Paycheck Protection Program. This program offers loans [...]

Georgia Tax Deadline Also Extended Until July 15

Yesterday evening, Governor Brian Kemp announced that Georgia will extend the tax filing deadline until July 15, 2020. This matches recent IRS announcements, so both deadlines are now July 15. We expect other states to follow - click here to see the AICPA’s running list. Here’s what this means for you: If you are due a [...]

Georgia Partial Unemployment Claim Changes

Georgia Department of Labor Changes Rules for Partial Unemployment Claims Like most government agencies, the GDOL is changing policies and rules due to the coronavirus outbreak. One update, which began March 15, is especially important to our business clients. The GDOL website does a good job of describing this new Emergency Rule: Employers are required [...]

  
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