Mar 16, 2021 | Articles, Blog Posts, Resources
The Covid-19 pandemic has brought many challenges. Along with those challenges are newly imposed restrictions that have impacted the auditing profession. From reduced in-person interactions and client-site visits, the landscape has shifted dramatically – in how...
Nov 17, 2020 | Blog Posts
When it comes to the various types of employee compensation, small business employers may find it difficult to determine what to tax and what not to tax on their employees’ paychecks. While everyone knows that compensation in the form of gross wages, commissions, and...
May 13, 2020 | Blog Posts
The Coronavirus Aid, Relief and Economic Security (CARES) Act includes several provisions that give retirement plan participants increased access to assets in their 401(k), 403(b), individual retirement account (IRA) and other qualified retirement accounts. The...
Apr 24, 2020 | Blog Posts
The Federal Government is set to implement legislation that would allow more money to flow once again to small businesses affected by COVID-19–$322 billion more including $60 billion set aside for smaller lenders like community banks and credit unions. $60...
Mar 31, 2020 | Blog Posts
The House passed the Senate’s CARES Act yesterday. The Act includes a section related to entrepreneurial development that provides funding to educate small businesses and their employees on resources available during this time: MINORITY BUSINESS DEVELOPMENT...
Mar 31, 2020 | Blog Posts
The House passed the Senate’s CARES Act yesterday. The Act includes a section related to provisions and resources available during this time for taxpayers: CREDIT AGAINST EMPLOYMENT TAXES Receive a credit of Qualified Wages for each quarterLimited to $10,000 per...
Mar 31, 2020 | Blog Posts
The House passed the Senate’s CARES Act today. The Relief for Workers Affected by Coronavirus Act is within the CARES Act and includes important unemployment insurance provisions: PANDEMIC UNEMPLOYMENT ASSISTANCE ELIGIBILITY The law expands the scope of...
Mar 31, 2020 | Blog Posts
The House passed the Senate’s CARES Act today. The Act includes individual tax relief provisions that we have broken down below: RECOVERY RELIEF Advance rebate against 2020 taxes$1,200 for Individuals; $2,400 for joint, $500 for each child$5 phases out for...
Recent Comments