Additional Guidance on Deferral of Employee Social Security Taxes Released
On August 28th, the IRS released guidance on the President’s Executive Memorandum regarding the deferral of employees’ social security payroll…
PPP Loan Forgiveness Expenses – Update on Owner Compensation and Related Party Expenses
On August 25th the Treasury Department issued additional guidance related to owner-employees and related party rents and mortgages. The Small…
1099 Reporting Change for 2020
Beginning with reporting for the 2020 tax year, payments made for non-employee compensation will no longer be reported in box…
Executive Order Delaying Payments of Employee Social Security Taxes
On August 8, 2020, President Donald Trump issued a presidential memorandum allowing employees to defer the social security portion of…
Additional PPP Forgiveness Guidance Released
On August 11th the SBA released additional Frequently Asked Questions specifically related to the expenses eligible for PPP loan forgiveness. …
New Regional Sales and Use Tax in Central Virginia Region
Effective Oct.1, 2020, a new 0.7% regional retail sales and use tax will be levied in localities in Central Virginia….
Here to Learn the Trade – Welcome Summer Interns!
Mitchell Wiggins welcomes Kelsey Bruce, Earl Rimel & Tyler Spiers to the team! Learn more about our teams by visiting…
Engage Virtual Externship @ August 5
Participation in this 2 hour hands-on, interactive virtual externship will allow you to learn more about the many exciting and rewarding…
Mitchell Wiggins Announces Promotions and New Hire
FOR IMMEDIATE RELEASE Contact: Dana Roberts, Marketing Specialist Mitchell Wiggins (804) 591-2593 droberts@mwcpa.com RICHMOND – Mitchell Wiggins is pleased to announce…
PPP Loan Forgiveness – Why Wait?
We know many of our clients are anxious to apply for loan forgiveness and rightfully so. You know you have…