Payroll Protection Program: Expect some difficulties

Payroll Protection Program: Expect some difficulties

Apr 3, 2020 | News to Note

From the CPA Advisory Group —  We have been monitoring the ongoing saga of the Payroll Protection Program. What is clear is banks are not ready for tidal wave of applications heading their way. The bank websites I visited yesterday (April 2, 2020) are not ready to...
Let’s look at details of the ‘CARES Act’

Let’s look at details of the ‘CARES Act’

Apr 1, 2020 | News to Note

From our friend Tim Sundstrom, CPA —  The Coronavirus, Aid, Relief and Economic Security Act (CARES) “economic impact payment” is now law and we have real facts on how the program will be administered. The law provides for a 2020 income tax credit of up to $1,200 for...
Coronavirus Assistance Checklist

Coronavirus Assistance Checklist

Mar 31, 2020 | News to Note

Special Notice to Clients —  CORONA VIRUS ASSISTANCE CHECKLIST By Dave Krebs, CPA (April 1, 2020) This checklist was prepared for our clients and friends as a quick way to identify eligible programs. Please contact us for the details. Many of the details are not...
Business and Individual Tax Update

Business and Individual Tax Update

Mar 23, 2020 | News to Note

Special Notice to Clients —  Hello All, We wanted to update you some important financial considerations in light of the Coronavirus. INDIVIDUALS: The due date for filing and paying taxes for 2019 has been extended from April 15 to July 15. No extension form need be...
0