

SECOND ROUND OF ECONOMIC IMPACT PAYMENTS: HOW TO RECEIVE AND WHAT TO EXPECT
If you have not already, you might receive your Economic Impact payments in the coming days. On December 29, the Internal Revenue Service (IRS) and the Treasury Department began distributing payments to Americans who received the first round of EIP earlier this year....
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WHO IS OVERSEEING YOUR BOOKKEEPER? 5 REASONS TO HIRE AN OUTSOURCED CONTROLLER
Bookkeepers are essential to the business. They are responsible for keeping track of your financial transactions, including all income and expenses, bills payment, invoice and payroll. This means if your bookkeeper, or an accountant doing a bookkeeping role, makes bad...
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8 KEY PPP CONCERNS ADDRESSED IN COVID-19 RELIEF ACT
On Sunday night President Donald Trump finally signed into law the $900 billion coronavirus relief package passed by Congress, despite initial threat to veto the bill due to the small amount of direct relief to individuals. This package is part of a $1.4 trillion...
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2021 TAX PLANNING TIPS FOR BUSINESS OWNERS
Taxes are complicated and get changed all the time. Just recently, Trump has signed the New Covid Act that will make significant amendments to current tax policies. As a business owner, it is important to have up-to-date understanding of tax laws not only to make sure...
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NEW 900$ BILLION COVID19 RELIEF STIMULUS PACKAGE
"If things continue on this path, and nothing gets in the way we'll be able to look at seek relief for millions of Americans out of work and fearing eviction, the American people cannot pay their families or pay their bills with Congress good faith discussions, they...
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PPP AND EIDL LOAN ADVANCES AND CHANGES UNDER NEW $900 COVID RELIEF BILL
Congress reached an agreement on a nearly $900 billion COVID-19 stimulus package. $300 billion is allocated for the Small Business Administration, the federal agency responsible for overseeing the Paycheck Protection Program – a forgivable loan created through the...
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HOW’S PAYROLL TAX HOLIDAY 2020 LOOKING LIKE FOR YOU?
If you are an employee making less than $100,000 a year or less than $2,000 per week, the 2020 Payroll tax Holiday simply means that you are eligible to pause payment of some portion of your taxes.
read more7 REASONS WHY YOU SHOULDN’T RUSH YOUR PPP LOAN FORGIVENESS APPLICATION
If you are currently stressing out about your loan forgiveness applications since August 10th - Monday this week, the start of submissions, allow us to break it down how everything works so you won’t rush and scramble with your paperwork. The current status of the...
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NEW FAQs TO PROVIDE UPDATED GUIDELINES FOR FILING PPP LOAN FORGIVENESS
The U.S. Small Business Administration (SBA), in conjunction with the Department of the Treasury, had recently issued new FAQs on the Paycheck Protection Program (PPP) Loan forgiveness to provide guidance in accepting applications for forgiveness processed by the...
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MISSED THE TAX DEADLINE? HERE ARE THE STEPS ON HOW TO CATCH UP ON YOUR TAX FILING AND INCUR MINIMUM PENALTY FEE
Contact Us Want to learn more about our services? Use the contact form below to get in touch! hbspt.forms.create({ portalId: "7759720", formId: "194a3590-21cf-4e8c-8e8f-2de3645ad935"}); Levine & Associates consists of a team of experienced financial professionals,...
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