RebuildVA Small Business Grant Program
The Commonwealth of Virginia created the Rebuild VA Small Business Grant Program to assist small businesses and non-profits that experienced…
Welcome New Hire, Anna Pitts
Anna Pitts has joined the firm as a Senior Accountant and is based in our Tri-Cities office. As a Senior…
Monitor Overtime Pay for Your Remote Workers: DOL Guidance
Paying your employees for hours that you know they’ve worked is straightforward enough. But what if they’re doing more work…
PPP Forgiveness – A Message to Our Clients
We know you are busier than ever trying to run your business and manage the ever-changing environment under COVID-19 mandates….
CPA Week 2020
Our team loves giving back to the community. Happy CPA Week to our dedicated staff. #MWCares #CountonCPAs …
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. …