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How to Create a Small Business Budget

How to Create a Small Business Budget

by Lawhorn Team Professional | Apr 15, 2021 | Advice, Business Practices, Financial Planning

When you become a small business owner, you have to learn how to do a lot of things that you have never done before, such as managing staff, finances, and shipments. To successfully manage your finances, you must be able to create and maintain a small business budget....
10 Tips to Help You Plan for Retirement

10 Tips to Help You Plan for Retirement

by Lawhorn Team Professional | Mar 16, 2021 | Advice, Financial Planning

It’s never too early or too late to plan for retirement. Whether you just started working or you’re almost ready to retire, there are steps you can take to grow your retirement savings. The earlier you start, the better, but even if you begin saving later in your...
Borrowers Beware: PPP Forgiveness Requirements

Borrowers Beware: PPP Forgiveness Requirements

by Lawhorn Team Professional | Jun 8, 2020 | Advice, Business Practices, Miscellaneous, Tax

Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27, 2020. The US Small Business Administration (SBA) received funding and authority through the Act to modify existing loan programs and establish new loan programs to assist small...
Should I Take Money Out of My 401(k)?

Should I Take Money Out of My 401(k)?

by Lawhorn Team Professional | Apr 10, 2020 | Advice, Financial Planning

401(k) plans are the bedrock of retirement planning and allow you to deduct savings from your salary while deferring taxes until you make a withdrawal. Previously, an individual had to wait until they reached retirement age (59.5 years old) to access 401(k) money or...
Small Business Relief from Effects of Coronavirus Resources

Small Business Relief from Effects of Coronavirus Resources

by Lawhorn Team Professional | Apr 6, 2020 | Advice, Business Practices, Financial Planning

The novel coronavirus (COVID-19) has shaken industries and economies across the world. If you’re like many small business owners right now, you are probably sitting in your home worrying non-stop about how your small business will make it through this crisis. The...
COVID-19 Updates to Business

COVID-19 Updates to Business

by Lawhorn Team Professional | Mar 25, 2020 | Advice, Business Practices, Miscellaneous, Tax

Lawhorn CPA Group’s top priority is the safety and well-being of our clients and team professionals. With the new “safer at home” order in effect, please know that our business is considered essential, and we will remain open and working. However after careful review...
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