January 2021

Webinar: The Employee Retention Credit: New Rules and Greater Impact

The Employee Retention Credit (ERC), a lucrative credit, was not utilized by many in 2020. Previously, the credit was not…

Alert: IRS Correction to Form 1096 Zip Code

Correction to the zip code in the Austin Submission Processing Center Mailing Address. The IRS has issued an alert on…

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Simplified PPP Forgiveness for Loans $150,000 and under

On December 27, 2020, the Consolidated Appropriation Act was signed into law which created significant changes and an extension to…

2021 Tax Inflation Adjustments & Tax Rates

As we begin this new year, please keep in mind the various IRS annual limits and any changes to the…

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Dates Released for PPP2 Loan Application Processing

On January 13, 2021, the Small Business Administration announced specific dates that lenders will be allowed to begin transmitting PPP…

ALERT: PPP Funding Reopens

Additional Guidance on First and Second Draw PPP Loans Initial PPP Funding If you did not receive a PPP loan…

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2021 Payroll Tax and Credits Update

Extension of FFCRA Sick Leave Tax Credits In previous communications, we’ve outlined the mandated sick leave that certain employers were…

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WEBINAR: PPP Round 2 Update

Congress has provided additional funds for the Payroll Protection Program.  Are you curious if your organization now qualifies for a PPP…

Audit Supervisor Needed for Petersburg VA Office

Join Our Team Enjoy a flexible work culture while working in a broad range of industries for a leading regional…

Welcome New Hire, Shiloh Houseworth

Shiloh Houseworth has joined the firm as a Staff Accountant and is based in our Tri-Cities office.  As a Staff…