by LAACPA | Jan 1, 2021 | News
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....
by LAACPA | Dec 31, 2020 | News
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...
by LAACPA | Dec 30, 2020 | News
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...
by LAACPA | Dec 30, 2020 | News
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...
by LAACPA | Dec 22, 2020 | News
“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...
by LAACPA | Dec 22, 2020 | News
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...
