Financial News

04/10/2021

Be Capitalize Wise!

Should you capitalize or expense your business’ or organization’s latest purchase? This is a question that should be getting answered...

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Financial News

04/10/2021

SVOG, PPP, EIDL, and RRF Updates

Shuttered Venue Operators Grant Portal Open The Shuttered Venue Operators Grant (SVOG) portal opened on 4/8/21 at noon EST on...

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Financial News

04/09/2021

Do you qualify as the “head of household” for filing purposes?

An individual’s filing status determines the rate they are taxed and their allowable standard deduction. The head of household filing...

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Financial News

04/09/2021

SVOG, PPP, EIDL, and RRF Updates

Shuttered Venue Operators Grant Portal Open The Shuttered Venue Operators Grant (SVOG) portal opened on 4/8/21 at noon EST on...

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Financial News

03/26/2021

Important “to do” item before filing Q1 Form 941

Businesses and organizations that have suffered a decline in gross receipts may qualify for an employee retention credit (ERC). Recent...

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Financial News

03/25/2021

Important PPP, EIDL, and SVOG Updates

PPP Extension Passed in the Senate This afternoon, the Senate passed the bill to extend the time to apply for...

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Financial News

03/04/2021

How to Apply for the Employee Retention Credit and get a Refund for Your Business

Did you have payroll expenses last year? Will you have payroll expenses first or second quarter of 2021? Was your...

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Financial News

03/04/2021

Employee Retention Credit

The IRS recently came out with Notice 2021-20 providing guidance on the employee retention credit. This guidance is specific to...

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Financial News

03/04/2021

Shuttered Venue Operator Grants – Important Considerations

The Shuttered Venue Operator Grant (SVOG) program was established as part of the Economic Aid Act signed into law on...

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Financial News

03/04/2021

PPP Updates and Considerations

On February 22nd, the Biden administration announced that PPP loans would be made exclusively available to employers with less than...

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Financial News

03/04/2021

Schedule C Filers Now Eligible for Larger PPP Loans

On Wednesday, March 3rd, the SBA and Treasury released a new Interim Final Ruling (IFR) that details previous guidance announced...

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Financial News

02/18/2021

Good News: Wisconsin PPP Loan Forgiveness & Expense Deduction Tax Treatment Now Mirrors the Federal Rules!

On Thursday, February 18, 2021, Wisconsin Governor Evers applied his signature to AB-2 and issued a statement highlighting $480 million...

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Financial News