by Jackie Anthony | Aug 20, 2021 | Blog, PPP, Small Business, Taxes
President Trump signed the new $900 billion stimulus bill into law on Sunday December 27 and, as of this morning, it’s all action across the various government departments to translate and implement what is one of the largest bills with 5,593 pages of text! As with...
by Jackie Anthony | Nov 22, 2020 | Blog, PPP, Taxes
On November 18, 2020, the IRS and the Treasury issue new guidance relating to the tax treatment of PPP ‘Qualifying’ expenses for this years’ tax return. I’m going to caveat this right now, I am just sharing this update based on what we know today – as with everything...
by Jackie Anthony | May 20, 2020 | Accounting, Blog, Business Taxes, PPP, Small Business, Taxes
We’re in the middle of May now and many companies are half way through the 8 week period during which they are hoping to gain full forgiveness on their PPP loan. We knew there were some quirks but heck, 75% on payroll costs if staffing remains the same and no more...
by Jackie Anthony | Jun 19, 2018 | 1099, Accounting, Blog, Bookkeeping, Business Taxes, Small Business, Taxes
It’s that time of year again and there’s less than 2 weeks left to get your business 1099s complete and submitted. January 31 is the deadline and there’s some hefty penalties for not getting there in time – for the 2017 Tax Year, missing that deadline could cost...
