Entrepreneur's Edge Rabecca Eunis

Since the 2020 Pandemic, we have seen an increase in people moving from W-2 to 1099.  We have also seen people losing their jobs and starting their own businesses.  The #1 question we are getting is "Should I be an LLC"?  This podcast will explain the pro's and the con's to an LLC and entity structure so you can determine if in fact you should be an LLC.

Second round of funding is here! AND there is new information about the forgiveness of the original PPP Loans.  Small business owners, you NEED to listen to this podcast! Do you qualify for a 2nd round? Can you obtain a first round of funding?  We have the answers for you right here!

Update on the Bipartisan Gang of 8 Bill awaiting legislative approval.  If you have a PPP Loan and are seeking forgiveness, wondering about the deductibility of the qualified expenses or are curious about the second round of PPP Loans this episode will explain it all.
Have a listen to gain some forbearance as to where we are as of the recording of this episode December 17, 2020.

OMG as if we didn't have enough to deal with this year, there is a new form to deal with.  If you issue 1099s to independent contractors or you ARE an independent contractor, you definitely want to listen to this episode of the Entrepreneurs Edge with Rabecca Eunis!
The forms have changed and I will explain everything you need to know right here!
As promised in this episode, here is the link for the actual new form for your convenience.
Form 1099NEC 2020
Also the due date for filing this form is January 31, 2021 whether it is paper copy or electronic copy.
Thank you for joining me!
Peace out,
Rabecca

Are you taking this deduction? If so you definitely want to make sure you adhere to the 5 Rules that will protect you with an AUDIT!
I share an astounding client story of losing the deduction because her previous CPA said it's not a valid deduction any longer!
WHAT?!?!
Join me to ensure you are following the rules and maximizing the deduction!

Hey entrepreneurs! If you are a recipient of the PPP Loan for your business and are confused as to the current guidance or rulings, this is the podcast to listen to.
I wanted to end that confusion and offer a clear path for you as it stands right now on November 20th.  There was a new IRS Revenue Ruling issued on November 18th and I discuss that here with 3 suggestions on how to respond.
Also, which form to file for forgiveness based on your specific loan!
 
Below are the links for the loan forgiveness calculators
PPP Forgiveness Calculator
PPP Loan Calculator - Self Employed
Of course if you would like to reach out to us, please do.
954-928-8240
info@eunisgroup.com