
Second Round of Economic Impact Payments
Recently the Internal Revenue Service (IRS) and the Treasury…

COVID Relief Package – PPP & Employee Retention Credit
Today we are providing additional clarification regarding the…

Second COVID-19 Stimulus Package Agreed Upon and Sent for Vote – PPP, Unemployment and More Relief Included
We have received many calls and emails regarding the revised…

COVID-19 Relief May Be On The Way – Highlights of the Proposed $908B Package
The next round of stimulus assistance may be on the way in the…

Year-end Planning Tip for Qualified Business Income (QBI) Deduction
If you own a business, you may wonder if you’re eligible to…

IRS Provides New Security Measures for Taxpayers
The number of COVID-19 related scams are on the rise. In a move…

Additional Tax Relief Announced for Philadelphia Businesses
During Mayor Kenney’s daily COVID-19 press conference on Dec.…

More Clarity on PPP Forgiveness Announced by Treasury & IRS
On November 18, 2020, the IRS released Revenue Ruling 2020-27…

Know the Gifting Limits for Year-End Planning
Today we are focusing on estate and gift tax planning, specifically,…

Year-end Payroll Processing Reminders for 2020
With just seven weeks to go, we want to focus on year-end payroll…