In The News
NEW CORONAVIRUS STIMULUS SIGNED INTO LAW, INCLUDES TAX BREAKS FOR INDIVIDUALS (March 12, 2021)
Dear Clients and Friends, President Biden has signed into law the new economic relief package. This $1.9 trillion American Rescue Plan (ARP) provides a wide-array …
IRS FORM 1099-NEC – NEW FORM!! – FILING DEADLINE JAN 31 (January 8, 2021)
If you’ve paid independent contractors in 2020, you’ll need to complete the new form 1099-NEC instead of a 1099-MISC. Businesses need to use this form …
TAX UPDATE: CHILD TAX CREDIT (JUNE 25, 2021)
June 25, 2021 Re: Important changes to the child tax credit; please contact me with questions. If you are not affected, please feel free to …
UPDATE REGARDING THE PAYCHECK PROTECTION PROGRAM ROUND 2 (PPP2) (DECEMBER 26, 2020)
December 26, 2020 Congress finally passed the new Covid-19 relief bill earlier this week. Although the President has not signed it, the Payroll Protection Program …
PPP 2 ON THE WAY (SOON…)
December 3, 2020 A quick update hot off the press: I received information today from the AICPA, my industry trade group, that it’s a strong …