Update July 16, 2020What have we learned so far and what is upcoming?
PPP Loans UpdateThe rules have changed recently which allows a 24- week measurement period for the spending of the PPP loan proceeds. This guarantees the full forgiveness of these loans for 99% of our clients. While the simplified forgiveness applications have been […]
Below is an excerpt we found from the AICPA on a many questions that some of our clients have been having about COVID-19 and relief. If you have any questions or concerns for relief from COVID-19 effects take a look through the below and see if any of these items apply to you.
This information was retrieved from the U.S. Chamber of Commerce on SBA economic injury disaster loans. For more information on this you can sign up for our newsletter on this website and we’ll keep you updated on any new information with SBA economic injury disaster loans and other relief for small businesses.
As we all forge through this virus, I wanted to write and
share some credible information that can help you and your business. Information
is forthcoming daily and I would caution you as you search for assistance as
we’ve noticed a great deal of questionable information being included in blast
emails, posted online, and reported in the media. […]
Emphasis added by Boca Accounting LLC CPAs
Q1 estimates normally due April 15th are also extended to July 15th. Q2 estimates not yet clear, if also extended. Keep in mind sales tax, payroll taxes and excise taxes have not been extended yet. All businesses with less than 500 employees must offer 2 weeks paid time […]
Welcome to Tax Season 2020! Please join our newsletter or stay tuned on our website for monthly tax and accounting tips.
HAPPY NEW YEAR 2019! WELCOME TO TAX SEASON 2019!
The Tax Cuts and Jobs Act of 2017 has totally changed the tax environment for your 2018 returns. Without going into the gory details that have been smeared all over the media all year, the below is a summary of the changes for the average taxpayer.
Check out this wonderful article written by Kathleen Sloan from veronews.com
about one of our employees at Boca Accounting who renovated a historic house in Vero Beach.