Breaking News!: #TimingandTaxability of #PPPLoans
If you have a PPP Loan that qualifies for forgiveness and you plan to apply for that forgiveness - you CANNOT deduct those expenses. A couple rules apply. Please contact the CwC office for details.
The IRS has released the breakdown of the 2020 #incometaxbrackets. Get further information here: https://t.co/oB9TVfsVb1. And, as always, feel free to contact CwC with any questions!
#Smallbusinesses that received a #PPPloan of less than $50,000 will qualify for #Form3508s. What this means is an easier process when it comes to applying for forgiveness and who wouldn't want that?! Feel free to call the CwC office with any questions you might have.
This #smallbusinesspromotion goes out to #Bookkeeper extraordinaire, Christy Hatcher of MoneyTree Bookkeeping, LLC. We highly recommend Christy for all your bookkeeping needs. A breakdown of the sevices she offers can be found on her website: https://t.co/NpYx9EVGLD.
Today's #smallbusinesspromo goes to Pedro Nuñez of People First Consulting! Pedro specializes in #consulting for #nonprofits and is highly recommended by CwC. Help support this small business by giving them your business!: https://t.co/BHhKJvv6Vh
Today is #NationalVoterRegistrationDay!!! You can make sure that you are indeed registered to vote and confirm that the mailing address for your ballot is correct, via the link below. #VOTE!
https://t.co/LIWOnFvmeA
Whew! It feels good to survive September's #corporatedeadline...In case you have not yet filed: did you know that you can request an abatement of late filing penalties? CwC can help!
Our hearts are breaking for all those affected by these terrible #fires. Please stay safe and be prepared. Know what items to take with you and where to go in case of #evacuation: https://t.co/OcXaDORK1J. Stay safe out there everyone!!
Today's #clientpromotion goes out to Habaneros Tualatin. Please help support this #smallbusiness by giving them your business! Their delicious food is available for order online: https://t.co/dRZyEDe7cl or by phone: 503-427-2779
At CwC, we care deeply about our #clients and their success. As a #smallbusiness ourself, we understand the challenges many are currently faced with. We want to help by #promoting our clients' small businesses. We hope this #smallact makes a #bigdifference ���
CwC turns one today!!! We are so grateful to our wonderful staff and the amazing clients who have helped us get here. A huge thanks to each and every one of you!
Worried that the IRS doesn't know where to send your stimulus money? The IRS has developed a website where you can submit your direct deposit information and check status of your Stimulus Payment. You can find it here: https://t.co/y7ooHl0qTa
Reach out to CwC with any questions.
The #departmentoftreasury has released the Paycheck Protection Program application. You can find it here: https://t.co/tQpQp6O63i
As always, don't hesitate to reach out to the team at CwC with any questions.
The #NationalSocietyofAccountants has released a document summarizing the #CARESAct. It provides important information regarding the new bill such as "emergency increase of unemployment benefits" and "special rules of retirement funds": https://t.co/UHJBWK9nbj
We realize that many of you may have #questions revolving around the new #taxdeadlines. A list of #answers can be found here: https://t.co/frnUjFYZqP. Additionally, CwC is here to help!
The #president has instructed the #IRS to extend the #April15th#taxdeadline due to the coronavirus. CwC will provide updates as we get them. In the meantime, you can find more details here:
https://t.co/1dJibbTnAs
The April 15th deadline is quickly approaching! Be sure to get your #taxdocuments to your #CPA as soon as possible to ensure they have time to complete the filing of your #taxes. On behalf of CPAs everywhere, please don't wait until the last minute!!!
Here at CwC we help a number of clients who require tax resolution work. No matter how many years you may behind when it comes to filing your taxes, we can help!
https://t.co/1cLICcsTIG