IRS Expands E-Signature Options for Filings
The IRS announced in late August that they will accept e-signatures on specific forms that cannot be filed electronically.
PPP Forgiveness Update – Owner Treatment & Nonpayroll Costs
On August 24, 2020, Treasury issued a new Interim Final Rule (IFR) which provides important new details on the Paycheck Protection Program (PPP) loan forgiveness.
[Updated] Paycheck Protection Program Details
The financial vitality of many Denver businesses has come into question since the implementation of COVID-19 prevention orders. Many have been forced to change their business model or completely shut down to maintain compliance
Payroll Protection Program FAQs
Congress passed the CARES Act which created important new loan options including the Payroll Protection Program (PPP). The program provides 100% forgivable loans for businesses to manage payroll expenses and retain staff.
Paycheck Protection Program Details
The financial vitality of many Denver businesses has come into question since the implementation of COVID-19 prevention orders. Many have been forced to change their business model or completely shut down to maintain compliance.
Families First Coronavirus Response Act
March is typically when Denver companies are focused on finalizing tax returns and reviewing financial reports leading to the end of the first quarter. However, rather than focusing on these tasks, many management teams are reacting to Coronavirus (COVID-19).
Tax Incentives Extended for 2020
Through the closing weeks of 2019, many Denver business owners were focused on wrapping up year-end items, assessing performance, refining goals and setting new benchmarks. Many were focused on analyzing the company’s expenses, revenues and overall financial position to create the budget for 2020.
Fundamentals of the Qualified Business Income Deduction
Gain insight into the Qualified Business Income Deduction (Section 199a) and the tax saving opportunities it offers to certain business owners – Debver CPA Firm.