by Sheri Hart | Jan 20, 2021 | Financial Planning, Payroll, Small Business, Tax
Happy New Year! While no one seems too sad to see the back of 2020, there is much to tackle as we head into 2021. Though more COVID-19 federal economic relief is still expected, measures passed at the end of 2020 and subsequent guidance have provided individuals and...
by Sheri Hart | Jan 13, 2021 | Business Strategy, Payroll, Small Business, Tax
Need another PPP loan for your small business? Here are the new rules Congress recently passed a new law providing additional relief for businesses and individuals during the COVID-19 pandemic. One item of interest for small business owners in the Consolidated...
by Sheri Hart | Jan 6, 2021 | Business Strategy, Financial Planning, Payroll, Small Business, Tax
New law doubles business meal deductions and makes favorable PPP loan changes The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to the pandemic. It also contains numerous tax breaks for businesses....
by Sheri Hart | Aug 26, 2020 | Business Strategy, Financial Planning, Payroll, Small Business, Tax
If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan taken out in connection with the COVID-19 crisis, you should be aware of the potential tax implications. PPP basics The Coronavirus Aid, Relief and Economic Security (CARES) Act,...
by Sheri Hart | Jun 5, 2020 | Business Strategy, Financial Planning, Non-Profit, Payroll, Small Business, Tax
In some welcome news, the Senate passed the House Bill to provide enhanced and, in many cases, more lenient guidelines for PPP loan forgiveness. As soon as the President signs The Paycheck Protection Flexibility Act, borrowers will be able to adjust their plans and...