COVID-19 Relief Bill
- December 28, 2020
COVID-19 Relief Bill The bill includes another round of direct stimulus payments and more relief for businesses impacted by COVID-19. The...
Will Expenses Paid with PPP Loans be deductible?
- November 19, 2020
On November 18, the U.S. Treasury Department and Internal Revenue Service (IRS) released guidance for businesses that received Paycheck Protection Program (PPP) loans...
Tax Planning Strategies for Businesses
- November 13, 2020
As 2020 draws to a close, there is still time to reduce your 2020 tax bill and plan ahead for 2021....
Long-Term Care Expenses: What Can You Deduct?
- August 6, 2020
Written by Olivia Cole Long-Term Care Expenses: What Can You Deduct? As we age, our families are often burdened with the...
PPP Updates
- August 6, 2020
Earlier this week, the Small Business Administration (SBA) released a new Frequently Asked Questions (FAQs) document on PPP Loan Forgiveness. PPP...
AICPA Releases PPP Q&A for Lenders
- July 6, 2020
The American Institute of CPA’s (AICPA) released Technical Questions and Answers (TQA) on June 30 to address common accounting issues for...
COVID-19 Relief Update
- June 18, 2020
The Small Business Administration (SBA) has recently released updates regarding the Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP)....
CARES Act
- March 27, 2020
Congress has passed a $2.2 trillion stimulus package to support the economy during the virus pandemic. The President has indicated that...
Families First Coronavirus Response Act – Part 1
- March 27, 2020
All Employers must be prepared to comply with the requirements of this Act Effective April 1, 2020. Purpose: To provide their...