PPP forgiveness guidance

New SBA Guidance Clears the Way for a Simpler PPP Loan Forgiveness Process

Tristan F. Spence, CPA, CVA Business Management, Economic Update Leave a Comment

On August 11, when we last wrote about the Personal Paycheck Flexibility Act, the window for PPP loan forgiveness applications had just started to open. But, as we indicated at the …

Are Health Savings Accounts (HSA) the Ultimate Health Care Insurance Plan?

Byron T. Deese Tax Planning For Individuals, Personal Finance Leave a Comment

The Health Savings Account (HSA) has been around for more than 15 years, yet it remains one of the best-kept secrets as a tax savings and medical expense reduction tool. …

529 Plan Reimbursements for Off-Campus Living

Michael K. Creamer, CPA, CFP®, CDFA, ADPA Tax Planning For Individuals, Investing, Personal Finance, Coronavirus 2 Comments

With college campuses opting for online classes during the COVID-19 outbreak, many students have been taking classes from home, and all indications are this will continue at least through the …

How Do I Find a Real Estate CPA?

Maria Grinkrug, CPA Rental Real Estate Leave a Comment

For any real estate business trying to get to the next level, the increasing demands of financial management are often beyond the business owner’s capabilities. As the business grows, so …

Deferred Payroll Tax: What You Should Know

Tristan F. Spence, CPA, CVA Tax Planning For Businesses, Tax Planning For Individuals, Coronavirus Leave a Comment

With no movement on negotiations for a second COVID-19 relief bill from lawmakers on Capitol Hill, President Trump signed an executive order and several memorandums addressing the expiration of the …

safe harbor

IRS Grants Temporary Relief for Safe Harbor Plan Sponsors

Byron T. Deese 401k Leave a Comment

For struggling 401(k) and 403(b) plan sponsors concerned about making mid-year safe-harbor contributions, new IRS guidance offers temporary relief. Typically, plan sponsors must meet specific regulatory requirements to reduce or …