Changes to the Child Tax Credit Explained

  • June 9, 2021

The recent changes in the Child Tax Credit expansion included in The American Rescue Plan Act (ARPA) will help many families...

Business Risk Assessment and the New Normal

  • April 1, 2021

It has been over a year since the COVID-19 pandemic became real in many of our lives. This past year has...

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...

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...

Guidance for Deferring Social Security Tax Withholding

  • September 2, 2020

Written by Jennifer Cochran On August 8, 2020, the President of the United States issued a Presidential Memorandum directing the Secretary...

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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...

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...