Category: Blog

In the Wake of the Coronavirus Pandemic, Congress Passes the Most Expensive Single Spending Bill in American History

Paycheck Protection Program and Health Care Enhancement Act (HR 266) – This is a multilayered legislative bill divided into four distinct sections. Phase 1 authorized funding for coronavirus preparedness and response; specifically, for measures such as vaccine development and public health funding. Most of the money was allocated to the Department of Health and Human … Continue reading “In the Wake of the Coronavirus Pandemic, Congress Passes the Most Expensive Single Spending Bill in American History”

More Coronavirus Relief, Plus Beefed-Up Security for Technology, the Elderly, and Children Born to U.S. Citizens Serving Overseas

Coronavirus Aid, Relief and Economic Security Act (HR 748) – This legislation provided $2 trillion of stimulus relief in response to the coronavirus crisis. Provisions of the bill include: $1,200 for each American making up to $75,000 a year Additional $600 a week in unemployment benefits for up to four months $100 billion available for … Continue reading “More Coronavirus Relief, Plus Beefed-Up Security for Technology, the Elderly, and Children Born to U.S. Citizens Serving Overseas”

Heightened Hacking as Corona Pandemic Worsens; How to Avoid Being a Victim

Since the escalation of COVID-19 cases, malicious activity from cybercriminals is also on the rise. Hackers are taking advantage of the coronavirus fear to carry out attacks. This is done by creating websites that claim to have cures for the virus or by spreading emails that contain links to malware. Consider this research by Check … Continue reading “Heightened Hacking as Corona Pandemic Worsens; How to Avoid Being a Victim”

Understanding the High-Low Method

When it comes to cost accounting, the high-low method is an approach that’s used to break mixed costs into either a variable or fixed cost. Although it’s straightforward, it’s important to do multiple analyses because outlier costs from the available data can sometimes misconstrue operating costs. This calculation occurs by looking at the periods with … Continue reading “Understanding the High-Low Method”

 
 
 
 

 

 
 
 

HOLMES & SWAFFORD CPAs

MURFREESBORO

820 N. Thompson Lane
Suite 1E
Murfreesboro, TN 37129

615-295-2782 Murfreesboro

Email: tim@holmesswafford.com

MOUNT JULIET - NOW OPEN!

1982 Providence Parkway
Suite 255
Mount Juliet, TN 37122

615-758-5055 Mount Juliet

Email: kevin@holmesswafford.com

For more information click here