RogerRossmeisl

JANUARY 11, 2021

BACKGROUND CARES Act The CARES Act provided the original legislation authorizing the Small Business Administration (SBA) to make loans to qualified businesses under certain circumstances.

payroll 205

payroll CPA cpa firm business tax 205

RogerRossmeisl

JANUARY 15, 2021

Containing extensions and expansions of the PPP, it provides additional funding for what has been a popular provision with many small businesses included in the Coronavirus Aid, Relief and Economic Security (CARES) Act. allowing eligible employers to obtain forgivable loans for certain payroll and non-payroll purposes.

payroll 192

payroll CPA cpa firm business tax 192

RogerRossmeisl

JANUARY 25, 2021

Taxpayers could apply to have the loans forgiven to the extent their proceeds were used to maintain payroll during the COVID-19 pandemic and to cover certain other expenses. The post PPP Loan Tax Consequences appeared first on Roger Rossmeisl, CPA.

Tax 246

Tax CPA payroll cpa firm 246

RogerRossmeisl

JANUARY 10, 2021

BACKGROUND CARES Act The CARES Act provided the original legislation authorizing the Small Business Administration (SBA) to make loans to qualified businesses under certain circumstances.

payroll 133

payroll CPA cpa firm business tax 133

RogerRossmeisl

NOVEMBER 7, 2020

If the rate paid doesn’t exceed IRS-approved maximums, and the employee provides simplified substantiation (time, place, and business purpose): the reimbursement is treated as made under an accountable plan (e.g.

payroll tax 190

payroll tax CPA payroll Tax 190

RogerRossmeisl

JANUARY 18, 2021

COVID-19 has shut down many businesses, causing widespread furloughs and layoffs. Fortunately, employers that keep workers on their payrolls are eligible for a refundable Employee Retention Tax Credit (ERTC), which was extended and enhanced in the latest law.

Tax 133

Tax CPA payroll cpa firm 133

Shay CPA

JANUARY 10, 2024

Betterment at Work offers modern financial wellness solutions and ongoing support to drive your business forward: An easy-to-manage 401(k) plan : Make administration simple for your clients, from streamlined onboarding and payroll integration to detailed reporting. Plus, we have a special offer live just for Shay CPA firms.

Tax 52

Tax CPA Education payroll 52

Snyder

JANUARY 10, 2023

Invoicing and paying bills, as well as recording the entire process is also a part of the bookkeeping cycle and happens regularly (depending on the type of business). If you have employees, payroll is a big part of the bookkeeping cycle. Should I hire a small business accountant for my company?

Account 59

Account accountant accounted bookkeeping 59

Basis 365

APRIL 28, 2022

Most business owners pick a type and never look back. You really should review this periodically as laws and tax code do change. The Statistics Surrounding Business Types Your business type determines more than just what business tax return you will file. Sources Carbajo, Marco.

income tax 52

income tax tax return tax planning Legal 52

Ryan Lazanis

APRIL 4, 2022

If you’re just starting your own cpa firm, you may not have any, but add some later when you do get them. As an example, you can see here that “small business tax deductions” is searched 1,900 times per month (ie. So how can accounting firms replicate this success to help get bookkeeping clients? If so, how many?

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

Nancy McClelland, LLC

AUGUST 15, 2022

The ERC has been in the news quite a bit lately due to aggressive tactics by non-CPA firms claiming to be able to apply for these credits on behalf of business owners. (We’ll However, the rules regarding whether or not a business qualifies are complex, and best performed by a knowledgeable professional.

cpa firm 19

cpa firm bookkeeping CPA Education 19