CARES ACT changes retirement plan and charitable contribution rules As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic, you may be wondering ab... Read More
Just launched: The SBA’s Paycheck Protection Program To stem the tide of joblessness caused by the coronavirus (COVID-19) outbreak, the Small Business Administration (SBA) has officially launc... Read More
CARES Act provides option to delay CECL reporting The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27. Among other economic relief measures, t... Read More
Summary of some major provisions to CARES bill passed by Senate The “Coronavirus Aid, Relief, and Economic Security Act The Senate passed on March 25 a $2.2 trillion economic stimulus package as... Read More
Families First Coronavirus Response Act Summary of Tax Credits and Filing and payment extensions The Federal government continues to grapple with how to assist businesses and individuals with the growing impact of the COVID-19 outbreak.... Read More
When to write off stale receivables Accounts receivables are classified under current assets on the balance sheet if you expect to collect them within a year or within the ope... Read More
Determine a reasonable salary for a corporate business owner If you’re the owner of an incorporated business, you probably know that there’s a tax advantage to taking money out of a C corp... Read More
Matching gifts double the impact of donors’ contributions A majority of large U.S. companies offer matching gift programs to boost the impact of their employees’ charitable gifts. Double the ... Read More
Stop tax ID theft, File early Many thousands of taxpayers fall victim to tax identity theft every year. To prevent criminals from submitting a return in your name and cl... Read More
The 2019 gift tax return deadline is coming up If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re re... Read More
CARES ACT changes retirement plan and charitable contribution rules
