Telecommuting and Income Tax Nexus Post COVID-19
There is no denying COVID-19 has changed the corporate landscape when it comes to where employees perform work. Before COVID-19,…
Remote auditing: A brave new world
The pandemic has presented numerous challenges for businesses, but it also taught us how to be resilient, cost-conscious and adaptable.…
Deferment Period for EIDL Payment Extended Again by SBA
In a March 15, 2022 news release, the Small Business Administration (SBA) announced an additional deferral period for existing Economic…
Asset Values and the COVID-19 Pandemic: Depressed Values Can Affect Your Estate Plan
A variety of estate planning strategies require having accurate, supportable and well-documented valuations of assets. Indeed, the tax implications of…
Did Your Lender Approve Only Partial Forgiveness of Your PPP Loan? You May Be Able to Request an SBA Loan Review
Effective January 27, 2022, the Small Business Administration (SBA) issued Procedural Notice 5000-827666. This new process allows those Paycheck Protection…
How will revised tax limits affect your 2022 taxes?
While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your…
1st Payment Deadline for Deferred Social Security Payments is January 3, 2022
In 2020, the CARES Act allowed employers to elect to defer the deposit of Social Security taxes that otherwise would…
COVID Legislation – 2021 Construction Tax Planning Opportunities
On March 27, 2020 the President signed The Coronavirus, Aid, Relief and Economic Security Act (CARES Act). The CARES Act includes…
IRS Issues New Guidance on PPP Basis Adjustments
When the Consolidated Appropriations Act was passed in December of 2020, taxpayers across the nation were relieved to learn that…