LATEST ON STIMULUS BILL AND PPP AS OF FEBRUARY 28 2021
LATEST ON STIMULUS BILL AND PPP AS OF FEBRUARY 28 2021 STIMULUS BILL The House of Representatives passed President Biden’s…
VIRTUAL CURRENCY – BE WEARY OF HIDDEN TRAPS
VIRTUAL CURRENCY – BE WEARY OF HIDDEN TRAPS As many have you may have read the IRS is attempting to…
UNEMPLOYMENT INCOME DILEMMA AND SBA GUIDANCE FOR VICTIMS OF IDENTITY THEFT
UNEMPLOYMENT INCOME DILEMMA AND SBA ISSUES GUIDANCE FOR VICTIMS OF IDENTITY THEFT RELATED TO DISASTER LOANS What are the issues…
UPDATED PPP LOAN ISSUES AS OF FEBRUARY 7 2021
UPDATED PPP LOAN ISSUES AS OF FEBRUARY 7 2021 On February 3, 2021, the AICPA sent a Letter to the…
EMPLOYEE RETENTION CREDIT – 2020 AND 2021
EMPLOYEE RETENTION CREDIT – 2020 AND 2021 The Employee Retention Credit (ERC) was originally part of the CARES Act which…
LATEST SBA AND TREASURY GUIDANCE ON PPP AS OF JANUARY 19, 2021
JANUARY 13, 2021 – FIRST DRAW PPP LOAN INCREASES This procedural notice lays out instances where a First Draw PPP…
SBA AND TREASURY ISSUE FINAL INTERIM RULES ON PPP AND PPP SECOND DRAW PROGRAMS
Business Loan Program Temporary Changes; Paycheck Protection Program as Amended by Economic Aid Act The Payroll Protection Program (PPP) became…
TAX PROVISIONS OF CONSOLIDATED APPROPRIATIONS ACT, 2021
Article by: Jeff Skolnick, CPA, M.S. Taxation TAX PROVISIONS OF CONSOLIDTAED APPROPRIATIONS ACT, 2021 Last week I covered the following…
STIMULUS BILL DECEMBER 2021
Article by: Jeff Skolnick, CPA, M.S. Taxation CONSOLIDATED APPROPRIATIONS ACT, 2021 You have probably heard by now that the new…
HOW YOUR BUSINESS ENTITY TYPE AFFECTS THE WAY YOU DEDUCT HEALTH INSURANCE
Article by: Jeff Skolnick, CPA, M.S. Taxation There are various entity types available for business. Your business may be structured…