IMPORTANT DATES FOR THE REMAINDER OF 2021

Today, March 15, 2021 is the the S Corporation and Partnership filing deadline before extensions are required. If you have not yet signed and electronically filed your business returns, they have been automatically extended by us as of today. We are officially just...

AMERICAN RESCUE PLAN ACT OF 2021 WHAT YOU NEED TO KNOW!

It has been a very busy week this past week for our federal government. This past Thursday, the President signed into law The American Rescue Plan Act of 2021. We are presenting the provisions that will be of the most interest to you. STIMULUS PAYMENTS A new round of...

PAYROLL PROTECTION PROGAM LOAN UPDATES

For those of you with first round funding from 2020, we had been advising you on waiting to apply for loan forgiveness until after year end. There were multiple reasons for this intended delay, including the Full Time Equivalent (FTE) safe harbor at December 31, 2020...

Stimulus benefits and your 2020 taxes: What to know

Information provided by FoxBusiness.com Tax season is right around the corner and many filers may have some different questions about their returns on the heels of an unprecedented year. The federal government doled out billions of dollars’ worth of stimulus aid to...

5 Ways to Prepare for Higher Taxes Under President Biden

Information provided by www.kiplinger.com Even if you think your taxes are too high, you might be enjoying relatively low taxes right now. If you are watching the news and hearing about government COVID-19 relief spending and President Biden’s tax plan, you may be...