Articles Archives - Page 72 of 90 - HW&Co. CPAs and Advisors

Business meal deductions: The current rules amid proposed changes

By: Ed Decker

Restaurants and entertainment venues have been hard hit by the novel coronavirus (COVID-19) pandemic. One of the tax breaks that President Trump has proposed to help them is an increase […]

Provider Relief Fund Updates

The Department of Health and Human Services (HHS) continues to make payments to healthcare providers from its Provider Relief Fund. At the same time, HHS continues to issue new guidance […]

IRS releases 2021 amounts for Health Savings Accounts

By: Karen Baksa CPA

The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA basics An HSA is a trust created or organized exclusively for the purpose of paying the […]

SBA Releases Guidance on Forgiveness of PPP Loans

By: Tony LaNasa

On Friday, May 22, 2020, the SBA issued a long-overdue interim final rule providing guidance on how forgiveness will work for PPP loans. Below is a summary of how the […]

When nonprofit contributions are quid pro quo

By: Helen Weeber

Charitable contributions aren’t always eligible for tax deductions — even when the not-for-profit recipient is tax exempt and the donor itemizes. Take “quid pro quo” donations. These transactions occur when […]

Don’t get shortchanged by a liquidating business

By: Tony LaNasa

Several major companies have already filed for bankruptcy during the novel coronavirus (COVID-19) crisis and many more large and small businesses are expected to follow suit. If you’re a creditor […]

Fortunate enough to get a PPP loan? Forgiven expenses aren’t deductible

By: David M. Reape

The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection Program (PPP) loan. Specifically, an expense isn’t deductible if both: The […]

SBA and US Treasury release PPP Loan Forgiveness Application

The long awaited PPP Loan Forgiveness Application including instructions was issued by the SBA and US Treasury over the weekend and can be found on the SBA and U.S. Treasury […]

State of Ohio extends due date for payment of real property taxes and assessments

During the COVID-19 pandemic, real property owners have had concerns on due dates for the payment of real property taxes and assessments for the second half of Tax Year 2019. […]

SBA Issues Interim Final Rule on PPP Loans to Partnerships and Seasonal Employers

The U.S. Small Business Administration (SBA) issued a new interim final rule 5/13/2020, which allows lenders to increase existing Paycheck Protection Program (PPP) loans to partnerships and seasonal employers. This […]

SBA issues new FAQs dealing with Safe Harbor Deadline

One of the most frequently discussed aspects of the Paycheck Protection Program (PPP) loans has been the economic necessity certification. The date for borrowers that may lack adequate certification and […]

Recent efforts to corral COVID-19 fraudsters

By: Tony LaNasa

The COVID-19 pandemic has opened the floodgates to scam artists attempting to profit from sick, anxious and financially vulnerable Americans. On the frontlines fighting fraud are the Federal Trade Commission […]

Latest Insights 1 … 70 71 72 73 74 … 90 Previous Insights

What can we help you find?

Leaving HW&Co.

You are leaving HWCo.cpa and being directed to an external site. Click here to return to our page.

Continue to site