article thumbnail

Coronavirus & Consulting Offers

Tom Spencer

The travel and hospitality industries have been decimated, stock markets around the world have tanked, and governments struggle to combat this devil on so many fronts. How certain can you be that your internship or full time offer from a consulting firm will hold? Commerce has ground to a halt. Three prior downturns, what can we learn?

article thumbnail

S-Corp Checklist

Women in Consulting

If there are deposits in the bank account that did not come from customers/clients , make sure these loans are posted on the balance sheet and NOT in your income total. ? Review the travel expenses. Make sure you separate out any personal travel. Count every travel day that you worked more than 4 hours.

article thumbnail

Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

We’re in an unprecedented situation because of the COVID-19 coronavirus, and the economic fallout has been drastic for many business sectors, such as travel and restaurants. For us as consultants, the effects are likely to be more gradual but our income will likely be affected. x average monthly income).

Cash Flow 248