by Sarah Boehle Pool | Feb 3, 2021 | Latest News
Educate yourself about the revised tax benefits for higher education Attending college is one of the biggest investments that parents and students ever make. If you or your child (or grandchild) attends (or plans to attend) an institution of higher learning, you may...
by Sarah Boehle Pool | Feb 1, 2021 | Latest News
The new Form 1099-NEC and the revised 1099-MISC are due to recipients soon There’s a new IRS form for business taxpayers that pay or receive certain types of nonemployee compensation and it must be furnished to most recipients by February 1, 2021. After sending the...
by Sarah Boehle Pool | Jan 28, 2021 | Latest News
Need another PPP loan for your small business? Here are the new rules Congress recently passed, and President Trump signed, a new law providing additional relief for businesses and individuals during the COVID-19 pandemic. One item of interest for small business...
by Sarah Boehle Pool | Jan 27, 2021 | Latest News
The COVID-19 relief law: What’s in it for you? The new COVID-19 relief law that was signed on December 27, 2020, contains a multitude of provisions that may affect you. Here are some of the highlights of the Consolidated Appropriations Act, which also contains two...
by Sarah Boehle Pool | Jan 25, 2021 | Latest News
PPP loans have reopened: Let’s review the tax consequences The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re fortunate to get a PPP loan to help during the COVID-19 crisis (or you...
by Sarah Boehle Pool | Jan 21, 2021 | Latest News
Ring in the new year with a renewed focus on profitability Some might say the end of one calendar year and the beginning of another is a formality. The linear nature of time doesn’t change, merely the numbers we use to mark it. Others, however, would say that a fresh...