Rick Fedorovich

Managing partner and CEO of Bober Markey Fedorovich, a regional accounting and business advisory firm with offices in Akron and Cleveland.

[Rick Fedorovich @rcfedorovich]

Year-end tax planning is always tricky, but pending legislation prior to year-end adds a whole new layer of complexity to the equation. We’ve shared some key moves that individuals and businesses should consider before the New Year.https://t.co/BzJPw2g0bC #taxplanning #2021

[Rick Fedorovich @rcfedorovich]

The Restaurant Revitalization Fund (RRF) provides $28.6 billion in tax-free grants to help restaurants rebuild and reopen. Application filing is not yet open, but details and a sample application has been released to help prepare. https://t.co/IYUu349mqi.

[BMF - Bober Markey Fedorovich @BMFCPA]

What's covered and what's NOT with the tax filing extension? We've got the breakdown here: https://t.co/W5i85ozW2X #tax #deadline #extension #IRS

[BMF - Bober Markey Fedorovich @BMFCPA]

The Senate has extended the filing deadline for Paycheck Protection Program applications - now May 31. https://t.co/b7ebyaDepu #ppploans #pppapplications

[BMF - Bober Markey Fedorovich @BMFCPA]

@POTUS Biden signs a near $2T American Rescue Plan Act to support families and businesses affected by the COVID-19 pandemic. Here are the tax-related provisions in the Act. https://t.co/TWNGkO44z4 #covid19impact #tax #individuals #business #stimulus2021 #round3

[Rick Fedorovich @rcfedorovich]

The Employee Retention Credit has been updated for WHO can claim the benefit, but HOW to claim and receive advance payments adds yet another layer. #erc #CARESact #tax https://t.co/y1rgJGKIw9

[BMF - Bober Markey Fedorovich @BMFCPA]

SBA has provided guidance on the types of documentation a company needs to provide to validate the 25% gross receipts reduction. https://t.co/h4QXozTd7f #ppploans #covid19impact

[BMF - Bober Markey Fedorovich @BMFCPA]

The PPP application windows reopen Friday for lenders with $1B or less in assets - applies to first and second-draw PPP loans. https://t.co/dYpr4wzW5v #ppploans #covid19impact

[BMF - Bober Markey Fedorovich @BMFCPA]

Congratulations to our #teamBMF members promoted to our newly created role of Director! https://t.co/Z5cTwAgMTv

[BMF - Bober Markey Fedorovich @BMFCPA]

Round 2 of the #PaycheckProtectionProgram application portals are open to select applicants and will be open to all other businesses in the following days. https://t.co/J85u31SYMo #ppploans #covid19impact

[BMF - Bober Markey Fedorovich @BMFCPA]

The Consolidated Appropriations Act 2021 contains various tax updates, including two provisions that clarify and expand the Employee Retention Credit. https://t.co/d7r8Ohfil1 #caresact #employeeretention #covid19impact #tax #CAA2021

[BMF - Bober Markey Fedorovich @BMFCPA]

@SBAgov and @USTreasury issue guidance for second draw PPP funding https://t.co/MkNEw9MRDT

[BMF - Bober Markey Fedorovich @BMFCPA]

The $900B Consolidated Appropriations Act, 2021 has been sent to the President for signature. An additional $284.5B has been set aside for the PPP loan program and addresses key business issues, including PPP loan forgiveness and deductibility. https://t.co/mYyYOtjmzV

[BMF - Bober Markey Fedorovich @BMFCPA]

Companies that make payments to nonemployees could face a challenging reporting season for 2020 due to the reintroduction of Form 1099-NEC. https://t.co/OEGcHxd8OI #tax #taxfiling #nonemployee

[BMF - Bober Markey Fedorovich @BMFCPA]

Congress is working on a bipartisan proposal to provide additional stimulus to the U.S. economy in the waning days of the #lameduck session. Here are some key details of the proposal. https://t.co/Kju1Rip0VO #covid19impact #stimulus

[BMF - Bober Markey Fedorovich @BMFCPA]

Year-end tax planning is always challenging, this year more than ever. We've compiled some key ideas that individuals and businesses should consider before the New Year. https://t.co/RStghFrp0v #taxes #taxplanning #covid19impact #taxes2020

[BMF - Bober Markey Fedorovich @BMFCPA]

After six months, the IRS has issued some much-needed guidance on the taxability of PPP Loan Forgiveness https://t.co/T0lxCxZw5S #ppploans #ppploanforgiveness #taxdeductions #covid19impact

[BMF - Bober Markey Fedorovich @BMFCPA]

@AICPA Joins 80+ Organizations Over Concerns With @SBAgov PPP Loan Necessity Questionnaires https://t.co/TKr08inO1i

[Rick Fedorovich @rcfedorovich]

Great article @JeremyNobile - thank you!

[Crain's Akron @CrainsAkron]

Bober Markey Fedorovich will be led by a new executive committee beginning in 2021.

https://t.co/jlDVYdSSDe

[BMF - Bober Markey Fedorovich @BMFCPA]

Clarity has finally arrived on business meals and entertainment #expenses. https://t.co/Z8mC0IRwDi #TCJA #business #tax