by Admin | Oct 13, 2020 | Business Taxes, COVID-19, PPP Loans & EIDL Loans
The US Small Business Administration & US Treasury Department released guidance this week clarifying that recipients of Paycheck Protection Program (PPP) loans of $50,000 or less will be able to apply for forgiveness using a simplified application form. ...
by Admin | Oct 13, 2020 | Business Taxes, COVID-19, PPP Loans & EIDL Loans
The US Small Business Administration released additional guidance on September 30, 2020 clarifying the deferral period for payments on all Payroll Protection Program (PPP) loans. The original promissory note indicated a six-month deferral for payments on the...
by Admin | Aug 21, 2020 | Business Taxes, COVID-19
President Trump recently signed an Executive Order calling for a payroll tax holiday on the employees portion of the payroll tax starting on September 1. While this 4-month reprieve might sound enticing to your employees, we discourage all our business clients from...
by Admin | Aug 5, 2020 | Business Taxes, COVID-19
This week, Senate Republicans have proposed the Health, Economic Assistance, Liability Protection and Schools Act (HEALS) in response to the federal governments handling of the COVID-19 crisis. The nearly one-trillion bill will be comprised of a number of components...
by Admin | Jan 9, 2020 | Business Taxes, Entrepreneurial
Mileage rates for travel are now set for 2020. The standard business mileage rate decreases by 0.5 cents to 57.5 cents per mile. The medical and moving mileage rates also decreases by 3 cents to 17 cents per mile. Charitable mileage rates remain unchanged at 14 cents...
by Admin | Feb 1, 2018 | Business Taxes, Entrepreneurial
With the occurrence of cybercrimes affecting businesses increasing daily, many companies are looking for outside expertise to help them mitigate their risks. If your company has never engaged a cybersecurity professional before, you may be unsure of what to look for....
