by Leigh J Kremer CPA | Jan 13, 2022 | Business, Business, Business Accounting, Individuals, Tax Preparation, year-end
Another year has gone by, and tax season has come around once again. As most of you already know, I moved my residence to Vermont last year. I still maintain my NJ CPA license and spend at least a few days in NJ every month on business. Although most of my clients...
by Leigh J Kremer CPA | Jan 13, 2021 | Accounting, Business, Business, Business Accounting, PPP Loans, Tax Preparation, year-end
Let’s start 2021 off with an update: I have moved my residence to the State of Vermont. However I am maintaining my NJ CPA license. Since the vast majority of my clients are handled remotely, via either the internet or mail, it should have no effect on most of...
by Leigh J Kremer CPA | Nov 5, 2020 | Business, Coronavirus crisis, PPP Loans
I have received many inquiries from clients regarding forgiveness of Paycheck Protection Program (PPP) loans. Here is the latest word: You need to apply for forgiveness of your PPP loans through your lender in order to avoid having to pay the money back. It is...
by Leigh J Kremer CPA | Sep 3, 2020 | Accounting, Business, Coronavirus crisis, PPP Loans, Tax Preparation
Now that this most unconventional summer is wrapping up, I thought it would be a good time to update you on some important issues. I’m moving! – My landlord needed more space to allow for social distancing of his employees so I lost my lease in Monmouth Beach. For...
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...