by Leigh J Kremer CPA | Jul 17, 2020 | Business, PPP Loans
If you are one of the many business owners who was able to secure a Paycheck Protection Program (PPP) loan you are undoubtedly aware that these loans are forgivable if you disbursed the full loan proceeds for allowable expenses (payroll, payroll tax expenses, business...
by Leigh J Kremer CPA | May 26, 2020 | Business, Coronavirus crisis, Payroll Services
Here is the latest information for business owners regarding PPP loan forgiveness and federal payroll tax credits: Paycheck Protection Program Loan Forgiveness: The first thing you need to understand is that the law was written, passed and implemented with great...
by Leigh J Kremer CPA | May 12, 2020 | Business, Coronavirus crisis, Individuals, Tax Preparation
I know many of you are interested in the details of the Covid-19 relief stimulus law, so I will attempt to provide some important information here: The tax rebates are an a NON-TAXABLE advance payment of a special 2020 tax credit. So you get the money now and then...
by Leigh J Kremer CPA | Apr 24, 2020 | Business, Coronavirus crisis, Individuals, Tax Preparation
I am continuing to get a large number of inquiries from clients regarding the government programs designed to help us through the current crisis and figured it might be helpful to share some information with you, as well as some new information regarding a SALT fix...
by Leigh J Kremer CPA | Mar 30, 2020 | Business, Coronavirus crisis, Individuals, Tax Preparation, Uncategorized
I hope this message find you well. I have been getting a lot of questions from clients regarding various taxpayer related issues regarding the coronavirus crisis. This message will attempt to answer those questions. The federal government has announced a relief...
