May Client Bulletin
COVID-19 uncertainty abounds for everyone. This month’s newsletter provides a round-up of tax-related laws to help with tax planning for 2020 as we all navigate the coronavirus pandemic.
Newsletters & Articles
How Much of Your PPP Loan is Forgiveable?
In this article we take a look at what we know (and some of what we don’t know) about how forgiveness will be calculated. If you received PPP funding and want to make sure your spending aligns with your strategy for forgiveness, give us a call!
Extension of Deadlines for 1031 Exchanges (and Some Ambiguity)
The #IRS announced extensions for 1031 exchange ID and closing deadlines, however, some ambiguity in conflicting sections of the tax code will require further clarification on the specifics. Either way, this welcome update gives some taxpayers currently working on a 1031 exchange a bit of welcome breathing room.
April Client Bulletin
The IRS rolled out deadline extensions and new programs to help individuals and businesses navigate the COVID-19 pandemic. A recap of these announcements is included in this newsletter for your review.
The Federal Stimulus Package – Action Items for Individuals
While we’ve been focusing on the aspects of the stimulus package targeting businesses, we also want to highlight some of the key programs in place for individual taxpayers and point out a few action items to take to ensure you’re capitalizing on these to the fullest.
Three Things Small Business Owners Should Do Today to Take Advantage of the CARES Act
There has been a lot of information for small business owners to digest in the past few weeks regarding Federal programs to help businesses during the COVID pandemic, and that’s on top of everything business owners are already doing to keep their companies afloat. Here are TWO STEPS that you should take today to get your company a piece of the stimulus package provided by the CARES Act.
March Client Bulletin
The tax filing deadline is right around the corner! As you’re busy gathering your tax documents or reviewing your tax return, included here is a caution concerning the security of IRS online applications and websites.
How to Handle an AMEX Account with Multiple Credit Cards in Quickbooks Online
Quickbooks Online and AMEX made it unnecessarily complicated to reconcile an AMEX account with multiple cardholders. Here’s one solution to this common annoyance for small businesses using QBO.
February Client Bulletin
Get up to speed on the 2020 tax filing season, rules for retirement saving, a new W-4 and its effect on Human Resources and how to set up your business accounting system in February’s newsletter.
January Cleint Bulletin
Welcome 2020. A new year calls for a fresh look at your financial strategies. Consider how to make the most of your savings accounts — and don’t forget you still have time to fund your IRA! You can also try the following fail-proof tricks to keep your New Year’s resolutions on track.