2020: COVID, Lockdowns, Losses

History will find the year 2020 was eventful, to say the least. Pandemic, economic meltdown due to lockdown, deaths and depression, glimmers of hope at the end of the year. At the one-year mark since COVID-19 became recognized as a pandemic, virus-based disease, there was movement in a positive direction on all fronts. A bright note was found in the economic outlook as businesses showed signs of coming out of the doldrums.

According to a survey by Intuit QuickBooks, U.S. small businesses are on the road to recovery from the financial losses experienced during the COVID-19 pandemic. The report, Intuit QuickBooks

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