Individual Tax Deadline Moved to May 17

  • March 18, 2021

The April 15 individual tax filing deadline that has historically been the final day to file yearly taxes will be moved...

Tax Highlights of the American Rescue Plan Act

  • March 12, 2021

These are the top tax related items in the American Rescue Plan Act. Additional detail can be found in this article...

Insurance Companies Changing Cybersecurity Policies

  • March 1, 2021

By Chris Griesemer, Partner and Information Technology Security Specialist for Community Banks A client of mine at The Whitlock Co. recently...

Expansion and Extension of Employee Retention Credit

  • February 24, 2021

Expansion and Extension of Employee Retention Credit The Consolidated Appropriations Act of 2021 passed by Congress in late December 2020 expands and extends the employee...

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...

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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...

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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 As we age, our families are often burdened with the ever-increasing long-term care expenses related to home...

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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...