by Bronswick | Sep 21, 2020 | Webinars
[vc_row][vc_column][vc_video link=”https://vimeo.com/463209850/9e5ad05454″][vc_column_text] The Strategy to Use for Your PPP Loan Forgiveness Process Do not rush the process but be prepared for the forgiveness and the tax liability that may exist. Webinar...
by Bronswick | Sep 16, 2020 | Short & to the point.
There is an income tax with your PPP loan. As of today, any expenditures made with PPP funding is not tax deductible. To give you a quick example of the potential impact let us examine a $250,000 PPP loan. Assuming you followed the rules and properly documented your...
by Bronswick | Sep 2, 2020 | News
Employee Payroll Tax Deferral Update On August 28, 2020, the IRS issued Notice 2020-65 that provides some needed guidance for employers in regards to the employee payroll tax deferral described in the August 8, 2020 Presidential memorandum (often referred to as an...
by Bronswick | Sep 2, 2020 | Short & to the point.
Do Not Rush Your PPP Loan Forgiveness Application Most lending institutions are not processing loan forgiveness applications and when they are ready there is no reason you need to be first in line. Take your time. Let others iron out the process first. Some key...
by Bronswick | Jun 5, 2020 | News
Paycheck Proctection Program Flexability Act On Friday, June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020. The PPP Flexibility Act provides some relief and flexibility in the use of the Paycheck Protection Program...
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