by Leigh J Kremer CPA | Jan 9, 2023 | Business, Individuals, Tax Preparation
Dear Clients, 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 a couple of years ago. I still maintain my NJ CPA license and spend at least a few days in NJ every month on business. ...
by Leigh J Kremer CPA | Dec 6, 2022 | Business, Business Accounting, Payroll Services, Tax Preparation
ATTENTION ALL BUSINESS CLIENTS: Many clients have brought to my attention calls and solicitations they have received from companies promising to file for the EMPLOYEE RETENTION CREDIT (ERC) on behalf of their business. The calls promise up to $26,000 per employee and...
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 | Aug 4, 2021 | Business, Business Accounting, Individuals, Tax Preparation, year-end
As the summer rolls on I thought it would be a good time to update taxpayers on current issues: FOR ALL TAXPAYERS: By now many of you have begun receiving monthly payments of your 2021 child tax credit. While this is great news, please understand that these funds...
by Leigh J Kremer CPA | Apr 21, 2021 | Individuals, Tax Preparation, year-end
As most of you know by now, the tax filing deadline has been extended to May 17, 2021. If you have already filed your 2020 tax return: Please be patient, due to Covid the IRS is running a bit behind on processing refunds and payments. You can check that status of your...
by Leigh J Kremer CPA | Feb 4, 2021 | Business, Individuals, Tax Preparation
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. I still maintain my NJ CPA license and spend at least a few days in NJ every month on business. Since most of you utilize my services...
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...