The 3 Checkpoints for the $1400 Stimulus Checks
FollowThe graphic below may be helpful in the timing of your tax returns and when and how to get your $1400 check if you qualify. The income requirement are as follows. • Single Filers and Married Filing Separate: $75,000 – $80,000• Head of Household: $112,500 – $120,000• Married Filing Joint: $150,000 – $160,000 Reach to Kevin@kevinthompsoncpa.com for […]
Follow The graphic below may be helpful in the timing of your tax returns and when and how to get your $1400 check if you qualify. The income requirement are as follows. • Single Filers and Married Filing Separate: $75,000 – $80,000• Head of Household: $112,500 –...More Small Businesses Need to Expect an Audit in 2021
If you thought the IRS was being lax on auditing small businesses in the past, they will be increasing their audits by 50 percent in 2021. Due to recent tax laws and the economic stimulus-response to COVID -19, business tax calculations will be much more complicated. This may involve more audits for businesses that range […]
Follow If you thought the IRS was being lax on auditing small businesses in the past, they will be increasing their audits by 50 percent in 2021. Due to recent tax laws and the economic stimulus-response to COVID -19, business tax calculations will be much more...What Landlords Need to Know About the Federal Eviction Moratorium
The CDC has ordered that a federal eviction moratorium to halt residential evictions extend to the end of March 2021 for tenants who cannot pay their rents due to the pandemic. However, it’s important that landlords know their rights and how to deal with the moratorium to stay afloat. As a landlord, you can still […]
Follow The CDC has ordered that a federal eviction moratorium to halt residential evictions extend to the end of March 2021 for tenants who cannot pay their rents due to the pandemic. However, it’s important that landlords know their rights and how to deal with the...Advance PPP Applications Recommended for Firms by AICPA
If you are a business considering the second round of PPP, depending on your bank, you will be able to begin submitting applications as early as January 15, 2021. If you use a lender with $1 Billion or less in assets they can make Paycheck Protection Loans for small businesses seeking relief starting on Jan […]
Follow If you are a business considering the second round of PPP, depending on your bank, you will be able to begin submitting applications as early as January 15, 2021. If you use a lender with $1 Billion or less in assets they can make Paycheck Protection Loans for...