test

Posts

Daily Update COVID-19 From the Business Accountants at Wouch Maloney

SBA Releases Streamlined Forgiveness Application for PPP Loans Less Than $50,000

Good news for those who borrowed less than $50,000 through the…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

SBA Publishes Clarification Regarding the Modification of Promissory Notes for PPP Loans

The SBA published an update regarding the extension of the deferral…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

CARES ACT: New Ways to Deduct Charitable Contributions on Your Tax Returns

The Coronavirus Aid, Relief, and Economic Security (CARES) Act…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

PPP Loan Forgiveness – Additional Guidance Issued

Additional Guidance for Owner-Employees and Non-Payroll costs The…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Telecommuting and Income & State Tax Nexus

We have received updated information regarding the current status…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Executive Order to Defer Payroll Taxes Signed by President

Over the weekend, President Trump signed four executive orders;…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

SBA Releases New FAQs Regarding PPP Loan Forgiveness

Today, the SBA released a new set of FAQs pertaining to the Paycheck…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

IRS Issues Relief Guidance on Required Minimum Distributions (RMDs)

The IRS has provided guidance relating to the waiver in 2020…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Guidance on Reporting Qualified Sick and Family Leave Wages Issued by the Treasury Department and IRS

The US Treasury and IRS issued guidance to employers on July…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

SBA Releases Details for Approved PPP Loans and EIDL

As we wait to learn the fate of the second stimulus bill, the…