The Consolidated Appropriations Act (CAA), signed into law on December 27, 2020, includes a variety of economic relief measures. One such measure allows certain banks and credit unions to temporarily…
AppelrouthJanuary 12, 2021
COVID-19 Help Center
We hope you and your family are well and safe. Just as all aspects of our daily lives are constantly changing by the ongoing COVID-10 pandemic, so to is the guidance issued by the IRS in its attempts to assist affected taxpayers. Our team is monitoring the latest developments and breaking news to keep you informed and we will update the information listed here as it becomes available. We are in this together and we are here to help you.
CALL 305-444-0999 FOR ASSISTANCE
At the end of 2020, Congress passed, and President Trump signed, a new law that provides for additional relief related to the coronavirus (COVID-19) pandemic. This law, the Consolidated Appropriations…
AppelrouthJanuary 5, 2021
The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to the pandemic. It also contains numerous tax breaks for businesses.…
AppelrouthJanuary 4, 2021
After several days of uncertainty, the President has signed into law a broad government funding bill that includes over $900 billion in COVID-19 relief. The new law calls for $600…
AppelrouthDecember 28, 2020
For those of you procrastinators who wait until the last minute to get your tax documents together, you now have company. Coming in during the final legislative minutes of the…
AppelrouthDecember 22, 2020
As your company plans for the coming year, management should assess your strengths, weaknesses, opportunities and threats. A SWOT analysis identifies what you’re doing right (and wrong) and what outside…
AppelrouthDecember 7, 2020
The demand for qualified accounting and finance personnel has grown, as business owners struggle to manage unpredictable cash flows, increased costs, and new government policies and financial aid packages. Plus,…
AppelrouthNovember 17, 2020
The coming audit season might be much different than seasons of yore. As many companies continue to operate remotely during the COVID-19 pandemic, audit procedures are being adjusted accordingly. Here’s…
AppelrouthNovember 10, 2020
Every business owner is aware of the threat posed by cybercriminals. If a hacker were to gain access to the sensitive data about your business, customers or employees, the damage…
AppelrouthNovember 10, 2020
Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist you in any way we can, including taking care of…
AppelrouthNovember 10, 2020
Most salespeople would tell you that there are few better feelings in life than closing a deal. This is because guiding a customer through the sales process and coming out…
AppelrouthOctober 7, 2020
Remote audit procedures can help streamline the audit process and protect the parties from health risks during the COVID-19 crisis. However, seeing people can be essential when it comes to…
AppelrouthSeptember 25, 2020
In Notice 2020-71, the IRS recently announced per diem rates that can be used to substantiate the amount of business expenses incurred for travel away from home on or after…
AppelrouthSeptember 23, 2020
Today, many banks are working with struggling borrowers on loan modifications. Recent guidance from the Financial Accounting Standards Board (FASB) confirms that short-term modifications due to the COVID-19 pandemic won’t…
AppelrouthSeptember 21, 2020
Many companies are struggling as a result of shutdowns and restructurings during the COVID-19 crisis. To add insult to injury, some have also fallen victim to arson, looting or natural…
AppelrouthSeptember 15, 2020
You’d be hard-pressed to find a business that doesn’t value its customers, but tough times put many things into perspective. As companies have adjusted to operating during the COVID-19 pandemic…
AppelrouthSeptember 9, 2020
The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit and payment of certain payroll tax obligations. The three-page guidance…
AppelrouthSeptember 8, 2020
Marketplace changes during the COVID-19 crisis have caused many companies to make major strategic shifts in their operations — and some changes are expected to be permanent. In certain cases,…
AppelrouthSeptember 8, 2020
You’re probably aware of the 100% bonus depreciation tax break that’s available for a wide range of qualifying property. Here are five important points to be aware of when it…
AppelrouthAugust 31, 2020