On August 8, President Trump issued four Executive Orders, including Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster from September 1, 2020, through December 31, 2020
DMLO CPAs Named One of the Best Places to Work in Greater Louisville
Many businesses have suffered financial losses due to the COVID-19 pandemic, and may even be on the verge of bankruptcy or otherwise looking for an exit strategy, creating opportunities for investors with access to capital.
Dentists who were previously ineligible can now apply for relief fund payments from the Department of Health and Human Services’ Provider Relief Fund.
Join us for The Big Pivot to Work-From-Home webinar with ImageQuest on June 24 at noon to learn more about cloud solutions that enable improved recruiting and retention, increased security, and potential cost savings.
Highlights of the Paycheck Protection Program Flexibility Act of 2020, signed into law on Friday, June 5.
Overwhelmed with the constant barrage of PPP Loan Forgiveness info and worried that you will miss something important? Join our live Zoom meeting on June 2.
SBA issued another interim final rule to help PPP borrowers with loan forgiveness applications, help PPP lenders making loan forgiveness decisions, and share the SBA process for reviewing PPP loan and forgiveness applications.
Retroactive tax-relief measures under the CARES Act may open up amended return opportunities to recover taxes paid in prior years. Should you or your business file an amended federal income tax return?
The CARES Act contains provisions that encourage charitable giving, including a new above-the-line deduction of up to $300 for charitable contributions by non-itemizing individuals in 2020.
The release by the SBA of the PPP forgiveness form for borrowers brought significant changes to the interpretation of some of the components of forgiveness.
The U.S. Small Business Administration and The U.S. Department of the Treasury have released the
Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions.
IRS grants employees the ability to make midyear changes to some employer-sponsored health coverage, health flexible spending arrangements (FSAs), and dependent care assistance programs.
The SBA and Treasury have announced that borrowers with an original principal amount less than $2 million “will be deemed to have made the required certification concerning the necessity of the loan request in good faith.”
The CARES Act suspended the 2020 RMD requirement for defined contribution plans . What are the options for required minimum distributions taken before the CARES Act was enacted?
Eight steps for small and medium-sized business owners to consider in managing coronavirus-related business risk during a global economic shutdown.
The IRS has provided guidance on how loan forgiveness will work for the $659 billion in Paycheck Protection Program (PPP) loans from the two allocations made by Congress to the Small Business Administration (SBA).
Congress passed the Paycheck Protection Program and Health Care Enhancement Act, providing an additional $484 billion of coronavirus relief.