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…
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…
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…
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…
ALERT: 1099 Reporting Change for 2020
ALERT: For those using QB, the recent maintenance update for QB includes the changes necessary to process the 1099-NEC Forms. …
PPP ROUND 2
After much anticipation, on December 27, 2020, President Donald Trump signed COVID relief legislation. The provisions included in this bill extend…
ALERT: PPP - DRAFT LEGISLATION UPDATE
Congress is currently working a stimulus package including potential economic relief items; extension of unemployment benefits, stimulus checks to some…
WEBINAR: Complying with the Coronavirus Paid Leave Mandate
In March, the Families First Coronavirus Response Act (FFCRA) required certain employers to provide their employees with expanded medical leave…