by Brian Hare, CPA, CGMA | May 6, 2020 | COVID-19
The coronavirus (COVID-19) pandemic has forced American businesses to adapt quickly to a radically new economic and operating landscape. If your company sells, manufactures, delivers, distributes or otherwise facilitates goods considered “essential” you...
by Paula Kennedy, EA | Apr 24, 2020 | COVID-19
As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic, you may be wondering about some of the recent tax changes that were part of a tax law passed on March 27, including adjusted retirement plan &...
by Ryan Burke, CPA, MSF | Apr 21, 2020 | COVID-19
On April 9th, the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy through the Main Street Lending Program (“MSLP”). The actions the Federal Reserve are taking to support employers of all sizes and communities...
by Brian Hare, CPA, CGMA | Apr 13, 2020 | COVID-19
Unemployment Assistance is available to Self-Employed, Other Newly Eligible Workers on Monday, $600 Federal Payments Also Begin Michigan’s self-employed workers, gig workers, 1099-independent contractors and low-wage workers affected by COVID-19 can apply for federal...
by Brian Hare, CPA, CGMA | Apr 13, 2020 | COVID-19
Before the TCJA, capitalized expenditures for qualified improvement property—i.e., certain improvements to the interior of a non-residential building that occurred after the building was placed in service—generally had a 39-year recovery period, except that three...