Financial Resources & News
Inflation Reduction Act Becomes Law
President Biden signed the Inflation Reduction Act into law at a White House ceremony on August 16, finalizing a legislation intended to address inflation by paying down the national debt, lower consumer energy costs, provide incentives for the production of clean...
Tax Changes for R&E Expenditures as of 2022
Businesses that invest in research and development, particularly those in the technology industry, should be aware of a major change to the tax treatment of research and experimental (R&E) expenses. Under the 2017 Tax Cuts and Jobs Act (TCJA), R&E expenditures...
IRS Penalties & Interest
How does the IRS go about applying penalties and interest to taxpayers? In this article we’ll be discussing the 4 types of penalty charges, and how the IRS goes about applying them. For clarity: Original Due Date = Generally April 15th for Individual Taxpayers...
The Child Tax Credit – Updated Guidance
The IRS updated its factsheet regarding the Child Tax Credit again on March 8, 2022. As part of the American Rescue Plan Act, the Child Tax Credit (“CTC”) was expanded for the 2021 tax year by offering families advance monthly payments of $250 to $300 per child. Also,...
Do Not Rush Your PPP Loan Forgiveness Application
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...
Paycheck Proctection Program Flexability Act
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...
PPP Loan Forgiveness Application
PPP Loan Forgiveness Application Last week, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. While the application is in final form, we should expect to...
Value Reconstruction – Rebuilding Company Value
Value Reconstruction - Rebuilding Company Value Click here to download our Value Reconstruction Program Overview - Rebuilding Company Value
Staying Focused
Staying Focused Where do you begin with this article? That’s a bit of an ironic statement since the topic is staying focused, but the reality is it is hard to stay focused. There are major demands on your time. Customers and employees have needs. Management has...