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Showing 49-60 of 67 items
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...
Financial News
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...
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...
Employee Retention Credit
The IRS recently came out with Notice 2021-20 providing guidance on the employee retention credit. This guidance is specific to...
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...
PPP Updates and Considerations
On February 22nd, the Biden administration announced that PPP loans would be made exclusively available to employers with less than...
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...
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...
Say What?!? Wisconsin is going to tax my PPP?
The Wisconsin Department of Revenue recently announced on the WDR website a note to taxpayers regarding the Wisconsin-federal differences related...
SBA Releases PPP Forgiveness Form for Loans of $150,000 or Less
The SBA released revised PPP Loan Forgiveness Application Form 3508S late Tuesday night. This form was revised to now be...
SBA Clarifies Second Draw Loan PPP Calculations, Gross Receipts, and Documentation Needed
The SBA provided clarifying documentation on January 19th in the form of FAQs regarding calculating the maximum second draw amount,...
SBA Re-Opening Paycheck Protection Program to Small Lenders on Friday, January 15 and All Lenders on Tuesday, January 19
Lenders with $1 Billion or Less in Assets Will be Able to Submit First and Second Draw PPP Applications on...