…to Paycheck Protection Program (PPP) loan forgiveness. Historically, Virginia generally conformed to the IRS and federal tax rules other than in limited circumstances. However, in recent years, Virginia has not…
…perform an action that gives a hacker access to your systems. Regular education of staff about email threats, and implementing spam filters and virus protection are the minimum most companies…
An Overview of the IRS Identity Protection PIN Program What is tax identity theft? Tax identity theft — the filing of fake tax returns using stolen identities — is a…
…COVID-19 pandemic, e.g. Paycheck Protection Program, Employee Retention Credit Program, EIDL Advances, and Disaster Assistance Loans to name a few. Therefore, if you are a recipient of or participated in…
…as the impact of other bigger picture Biden Administration goals such as racial equality and climate concerns. Consumer Protection and the Financial Services Industry With regard to consumer protection, Biden…
…Keiter Advisors, and Scott Zickefoose, tax senior manager for Keiter, shared their insights with the Richmond Times-Dispatch on how business owners should navigate SBA Loans and the Paycheck Protection Program….
…Loan Forgiveness and Business Expense Deductions While Virginia conforms to the federal tax exemption for Taxable Year 2020 for Paycheck Protection Program (“PPP”) loan forgiveness and certain funding received under…
…for qualifying property and the deferral of capital gain for dispositions of qualifying assets, and Paycheck Protection Program Loan Forgiveness Clarifications of tax consequences of PPP loan forgiveness COVIDTRA clarifies…
…Federal funding Cannot receive a Paycheck Protection Program (PPP) loan on or after December 27, 2020 (i.e. Round 2 PPP loan) Cannot be a strip club or similar business Cannot…
On March 7, 2016, the IRS released a statement announcing a temporary suspension of its online Identity Protection Personal Identification Number (IP PIN) retrieval program. IP PINs were originally issued…
Author: John T. Murray, CPA, Tax Senior Manager Patient Protection and Affordable Care Act (ACA) Redefines Employers’ Requirements in Providing Healthcare to Employees The new Patient Protection and Affordable Care…
…Tax savings and estate tax planning advantages In most cases, we think the Roth 401(k) is the way to go. While you will see a little less in your paycheck…