Blog
What Now? That the PPP Loan Program Has Ended
Given the ending of the SBA PPP loan program on May 31, 2021, many impacted businesses are left wondering what now? Yet, many don't understand what other resources are available to help during this holiday season. We've teamed up with our friends over at Money.com....
My Sierra Madre Small Business Health Quiz (Part 1)
Last week, when I wrote my message to our Sierra Madre business clients, the biggest news was the second round of the PPP, and that expenses covered under the first round of it would be tax deductible.Has anything happened since then?Goodness, even just the "mere"...
Provisions of the Second Coronavirus Relief Bill That Affect Sierra Madre Small Businesses
Wow, does it ever feel good to have turned the page on 2020. This first "working week" is when I finally began to feel the newness of it all.Yes, it's "just a date" on a Gregorian calendar, but ...2021 holds great promise for our Los Angeles County business clients....
Ultra Last Minute Tax Moves for Sierra Madre Businesses
It's going to take us many weeks to digest everything in this massive omnibus of a relief bill that the President signed on Sunday night.And with year-end barrelling at us (2021 is on FRIDAY), it's unlikely that we will be able to make substantive action on your...
Rodney Ross’ Annual Holiday Prayer
Well, Congress seems to have heard the cries of the huddled masses of SMB's around the country, and more PPP funding is (seemingly) on the way.Details aren't finalized yet as of this writing, so I will have more to say on these matters in future weeks.Even these early...
Ross’ Guide To Getting Tasks Done
Maybe I'm writing this today because we're very much feeling the end-of-year crunch here at Team Ross & Associates Accountancy Corp.Really, we only have a few business days left before 2020 is in the rearview. Yes, my heart wants that to happen YESTERDAY, but my...
Delayed Gratification: Staying Focused to Get Ahead (Later) in Sierra Madre
For sports fans, that was quite a run last week. The NHL crowned its champion (and the nation's capital seemed like it was one massive street party for the weekend), the rest of the NBA conceded to the Golden State Warriors, and we witnessed another Triple Crown in...
Focus Training For Folks In Sierra Madre
Now that we're into June, it really does feel like summer is here. The air conditioning kicks in, the days are hotter ... and, if you're like me, "focus" becomes something I have to set myself towards. It doesn't just "happen" -- especially when the days are hot. It...
Instilling Financial Literacy For Kids In Sierra Madre
Memorial Day weekend can often feel a little disjointed. There we are with our burgers, our pools, our picnics -- all while we are supposedly remembering the sacrifice of so many thousands who laid down their lives in the line of duty for this country, and for the...
How To Manage Money For Sierra Madre Millennials
I'll tell you what... The month of May is beginning to look a lot like December. Definitely not because it's cold out there, but with so much "end of school year" stuff happening these days, from graduation parties (ranging from pre-k "graduations" all the way up...
Rodney Ross’s Three Tips For Resisting Financial Process Automation
Did you see Google's demonstration of their new virtual assistant technology, Duplex, last week? If you did, like me, probably you were both amazed ... and a little bit terrified of the implications. Essentially, Google is close to figuring out how to make it so that...
A 12-Point Financial Health Check For Sierra Madre Families And Individuals
We are now fully engaged in our tax "off season" here in Sierra Madre. But interestingly, this is where the real difference that we can make on behalf of our tax preparation clients is actually made. We're diving into the new tax legislation, and attending classes...