IRS Denies Double Tax Benefit Surrounding the Forgivable PPP Loans
IRS Ruling on 4/30/2020 In our efforts to keep you informed on what seems like a constantly evolving CARES Act small business aid package, we wanted to share with you some new information regarding the Paycheck Protection Program (PPP).... Read More →
The Paycheck Protection Program: Forgivable?
The Paycheck Protection Program We hope you’re all doing okay through all of this craziness. As the popular Paycheck Protection Programs continues to get additional funding, it’s important to remember the key thing about this loan: it is a loan... Read More →
IRS Economic Impact Payment (Stimulus Payment)
Stimulus Checks – Economic Impact Payments The CARES Act Section 2201 included a provision for Recovery Rebates for Individuals, commonly known as Stimulus Checks. The stimulus checks will be for up to: $1,200 for Individuals $2,400 for married filing jointly couples $500 for... Read More →
Section 139 – What You Need To Know About Disaster Relief Payments
President Trump’s determination that the ongoing novel Coronavirus (COVID-19) pandemic called for a nationwide emergency declaration under the Stafford Act has opened the opportunity for employers to provide tax-free assistance to their employees under Section 139 of the Internal Revenue... Read More →
The Economic Injury Disaster Loan (EIDL SBA-7b) vs. the Paycheck Protection Program (PPP SBA-7a)
Following the government’s declaration of a national emergency to combat the Coronavirus (COVID-19) pandemic, the Small Business Administration (SBA) is offering solutions to help small businesses in all US states, Washington D.C. and other US territories cope with the impact.... Read More →
Can an Accounting Firm Handle Any Tax Issues?
Taxes are tough. Unless you were blessed with an advanced knack for numbers and calculations, anything related to the ever-dreaded tax season is a source of stress, and for many, it’s a potential wrench in the gears for your business... Read More →
Top 3 Reasons to Use a Denver Accounting Firm
Every business has to work with money, even if it’s not a retailer. From income to payroll to budgeting, money plays a major part in the structure of any business. For small companies, figuring out the financials can be stressful... Read More →
How Do I Choose an Accounting Service?
Maximizing wealth is the goal for most individuals and businesses, especially in the early start-up days. When you deal with money, including taxes, things get confusing and stressful. Hiring a professional CPA to deal with your accounting is a great... Read More →
FAQ About Tax Preparation
Do you have questions about tax preparation? Are you unsure of what this term actually means, or are you trying to learn how to do it on your own? Maybe you just need advice about who to hire, and when... Read More →
What do I need to know about tax services?
How much do you really know about tax services, tax plan, & other ways of assistance your business could benefit from getting when hiring a CPA? Tax services is the biggest landmine of helpful skills that businesses rely on for... Read More →