Insight
CARES Act FAQ: PPP Loan Forgiveness
Posted on June 8, 2020…limited to the lesser of $100k annualized or 8/52 of 2019 compensation. Q) If your company is a partnership and takes monthly draws from the company, can it apply for…
…limited to the lesser of $100k annualized or 8/52 of 2019 compensation. Q) If your company is a partnership and takes monthly draws from the company, can it apply for…
…the definition of a “key employee’ in a top-heavy plan was raised from $185,000 to $200,000. Plan Sponsors should ensure those responsible for benefit administration within their companies are aware…
…With a 13-year contract of $330 million, you can only imagine how taxes will come into play. While players aren’t paid for spring training beyond per diem stipends, some major…
The third in a series to help entrepreneurs, startups and new business owners understand their financial reports. Having a good understanding of your startup or new businesses’ financial statements is…
…this does not mean that those companies no longer need to have an audit for their 401(k) plans. Until all of the 401(k) plan assets have been distributed, your business is…
Professional Profile Robert is the principal and state and local tax practice leader at Anders, with over 20…
…areas of your business plan should include: Business Description Company Analysis Industry Analysis Marketing Plan Plan for Operations Financial Plan Your business plan should come together as a quality, professional…
…goals of your business, there are necessary components. An IT Strategic Plan should consist of the following: Timeframe Purpose – What are the reasons for creating the IT strategic plan?…
The highly-anticipated $1.9 trillion COVID-19 relief package known as the American Rescue Plan Act of 2021 has been signed into law. The new package includes relief provisions for individuals and…
…SO, the new component would be capitalized and depreciated. AND, the retired component would also continue to be depreciated. For a large replacement, the tax deduction for the retired component…
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