Category Archives: Taxes

PPP Loan Forgiveness, " Deductible Expenses with PPP Loans & the 2nd Round of PPP Loans", Rolf Neuweiler, A2ZCFO (image: "PPP Loan Forgiveness" spelled out)

Deductible Expenses with PPP Loans & the 2nd Round of PPP Loans

Business Management Debt & Loan Management Loans PPP loans and forgiveness Strategies Taxes

By Rolf Neuweiler 01-04-2021

The US Congress rules that expenses covered by PPP loans are tax-deductible; second round of PPP loans have simplified application for loans under $150k. Expenses With PPP Money Are Tax Deductible Out of the window now: all IRS rules about not allowing deducting expenses with Paycheck Protection Program (PPP) loans on tax returns.  New rules […]

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Spotting IRS impersonators can protect personal & employee information related to tax return filings., Rolf Neuweiler, A2ZCFO (image: impersonator stealing)

IRS Impersonators and Scams Related to Tax Returns

Accounting Business Management Consulting Fraud prevention Taxes

By Rolf Neuweiler 03-21-2019

Many people reported that they have received IRS impersonators’ calls, and sadly some fell victims of various scam schemes after being intimidated into paying a fabricated tax bill. Thousands of people have lost millions of dollars and their personal information to tax scams. Scammers use the regular mail, telephone, or email to set up individuals, […]

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Good bookkeeping & accounting practices help avoid financial and management pitfalls for a growing small business, Rolf Neuweiler, A2ZCFO (image: money pitfall)

Part 2 of 2: FINANCIAL & MANAGEMENT PITFALLS FOR A GROWING SMALL BUSINESS

Brand Budgeting Business Management CFO Consulting Financial forecast Insurance Legal Strategies Taxes

By Rolf Neuweiler 02-21-2019

In January 2019, I talked about financial and management pitfalls for growing small businesses at a professional networking group meeting. Last month in Part 1 of the two parts, we first focused on potential pitfalls related to lacking strategic goals and skills. Here in Part 2 I am listing some pitfalls related to leadership, internal […]

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Good bookkeeping & accounting practices help avoid financial and management pitfalls for a growing small business, Rolf Neuweiler, A2ZCFO (image: money pitfall)

Financial and Management Pitfalls for a Growing Small Business – Part 1 of 2

Accounting Budgeting Business Management Cash flow CFO Consulting Debt & Loan Management Financial forecast Financial Statements Financing Line of credit Loans Profit margin Strategies Taxes

By Rolf Neuweiler 01-29-2019

Part 1 of 2: PITFALLS FOR A GROWING SMALL BUSINESS In January 2019, I talked about financial and management pitfalls for growing small businesses at a professional networking group meeting. Here in Part 1 of the two parts, we first focus on each potential pitfall related to lacking strategic goals and skills. In Part 2 […]

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Personal finance budgeting is a healthy habit to establish credit & achieve financial accountable. Rolf Neuweiler A2ZCFO (image: financial accounting goals)

Personal financial budgeting

Accounting Budgeting Consulting Credit history Financial Statements Strategies Taxes Uncategorized

By Rolf Neuweiler 06-06-2018

We all have heard these:  “Money doesn’t grow on trees.”  “Save money for a rainy day.” “Failing to plan is planning to fail.” However, about ⅔ of Americans do not budget. Many live paycheck to paycheck. Financial stress often spills into relationships and family life.   Budgeting is about intentional spending and mindful living. Budgeting […]

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In tax reform bill from Congress, what business meals are and are not deductible for a tax deduction? Rolf Neuweiler A2ZCFO (image: business lunch)

New Tax Law – Are “Meals” and “Entertainment” Still Deductible?

Accounting Business Management CFO Consulting Financial Statements Strategies Taxes Uncategorized

By Rolf Neuweiler 03-05-2018

In the tax reform bill Congress approved last December, entertainment, amusement, or recreation or any expenses with respect to such a facility do not qualify for a tax deduction. Where does this leave “meals”? I have received many questions asking if meals are still deductible. Companies’ Holiday Parties: 100% Deductible Employee Only / Holiday Parties […]

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Rolf Neuweiler A2ZCFO offers financial projection, budgeting, cash flow, accounting, bookkeeping for CEOs, small businesses as an outsourced CFO (image: hands)

CFOs & CPAs Work in Synergy to Optimize Tax Strategies and Savings

Accounting Business Management CFO Consulting Strategies Taxes Uncategorized

By Rolf Neuweiler 10-27-2017

Maximizing tax savings for a company and its owner requires teamwork between both its CFO and CPA, each contributing different perspectives, skills, and functions. However, many business owners believe that they do not need a Chief Financial Officer (CFO) when they have a tax CPA. There is good reason for this confusion as some CFOs […]

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