News & Events

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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…

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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…

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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…

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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…

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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. …

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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….

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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…

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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…

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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…

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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…