by Candy | Dec 22, 2020 | COVID-19, News, Taxes
Are you an employer who received a PPP loan and were waiting to find out if the IRS guidelines of non-deductibility were going to remain, or if Congress was going to make an adjustment? Well, I have great news for you! As of Monday, December 21st, Congress passed a...
by Candy | Sep 15, 2020 | Business, COVID-19
If you’re a small business owner and you had your Paycheck Protection Plan loan forgiveness rejected, the latest update from the Small Business Administration (SBA) may be of some help. According to Accounting Today, The SBA’s Office of Hearing and Appeals has...
by Candy | Sep 15, 2020 | COVID-19, Taxes
The Criminal Investigation (CI) division of the IRS has recently reported a variety of scams related to the COVID-19 pandemic. Cons involving economic impact payments (EIPs) have been common over the last several months. While these operations are still a cause of...
by Candy | Sep 11, 2020 | Payroll
Are you an employer who wonders if you should offer the payroll tax holiday to your employees, or are you curious about how that tax would be repaid? Basically, the law states that payroll taxes can be deferred from September through December 2020. And recently, the...
by Candy | Sep 9, 2020 | Taxes
Are you a worker who’s collecting unemployment benefits or an entrepreneur who had assistance through your state agency? Are you aware that these unemployment benefits are taxable and you may end up with a large tax bill in 2021 for this year’s return? To...
