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Employee or Independent Contractor?

There is certainly a fine line between someone who is an employee of a company, and someone who is an independent contractor. Companies l...

VMG Group CPA

Get Your Business Plan Ready For The New Normal

It is extremely important that you sit down with your CPA or financial advisor and discuss how the future of your business is going to lo...

VMG Group CPA

Move your business to the cloud. Act now!

Cloud computing makes work a lot easier and faster. Thanks to the ease of use, portability and cost saving, you’ll quickly realize that c...

VMG Group CPA

SBA Released PPP LOan Forgiveness Form

On Friday May 15, 2020 the Small Business Administration (SBA) released the PPP loan forgiveness application with instructions to complet...

VMG Group CPA

5 Key Business Planning Tips

If your planning to start a new business, it is highly recommended to go through theses 5 steps first. If you’ve been in business for a w...

VMG Group CPA

Are Your Ready For Business Revival?

Are you still thinking there is nothing you can do about your business? Did you quit already? The only difference between a successful re...

VMG Group CPA

Accsess Your Retirement Plan and IRA Funds Penalty Free

The CARES Act provides for special distribution options and rollover rules for retirement plans and IRAs and allows borrowings from certa...

VMG Group CPA

5 Things to Keep in Mind for SBA PPP Loan Forgiveness

If you received SBA PPP Loan and want to get fully forgiven here are 5 things to keep in mind. You have 8 weeks to use funds. At least 75...

VMG Group CPA

Are Your Reopening Your Business?

It's important to have a financial plan in place before reopening. Cash might run out fast if you don’t plan ahead. Here are some of our...

VMG Group CPA

Illinois Small Business Emergency Loan

If your business is located in Illinois, outside the city of Chicago, with less than $3 million in gross revenue and have less than 50 em...

VMG Group CPA

Smart Cash Flow Management

There are plenty of things to take into consideration in times of crisis and cash is certainly one of the first things that come to mind....

VMG Group CPA

IRS Employee Retention Credit

Go check IRS Employee Tax Credit and Cash Advance to see if you can qualify. Under Cares Act 50% of payroll payments made from March 12 t...

VMG Group CPA

SBA PPP Loan

Are you Ready for the second round? PPP funds started Monday April 27, 2020. If you have not applied, you still have time, but hurry fun...

VMG Group CPA

Remember Federal Tax Filing Deadlines For 2019 Are Around the Corner

It is very important that you keep these dates in your calendar. We're all caught up in busy agendas as we try to do everything from hom...

VMG Group CPA

What Legal Structure Makes Sense for My Business?

One of the most important decision to make when starting a business is deciding the type of legal structure that makes the most sense for...

VMG Group CPA

Moving Your Business to the Cloud

It’s impossible to ignore the effect cloud computing (also known as on-demand computing) has had on businesses across the globe in recent...

VMG Group CPA

Employee or Independent Contractor?

There is certainly a fine line between someone who is an employee of a company, and someone who is an independent contractor. Companies l...

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