by Heimlantz | Feb 19, 2021 | Professional Firms
The new Paycheck Protection Program (PPP) law enacted with the stimulus package adds dollars to your pockets if you have or had PPP money. Before we go further, please note the PPP money comes to you in what appears to be a loan. We say “appears” because you typically...
by Heimlantz | Feb 12, 2021 | Professional Firms
This article dives deep into the concept of business identity theft, as well as preventive measures that you can take in order to reduce the potential fallout. For example, one piece of advice is to “hire forensic accountants to look at your books…and frequently.”...
by Heimlantz | Feb 10, 2021 | Professional Firms
As you doubtlessly know, Congress recently passed a massive new stimulus bill that was enacted into law on December 27, 2020. Most of the public’s attention has been focused on the bill’s authorization of additional stimulus checks and new PPP loans and other aid...
by Heimlantz | Feb 5, 2021 | Professional Firms
This article discusses and addresses the uncertain times that businesses are living through right now due to the coronavirus pandemic. With the passing of the Paycheck Protection Program, there are many things to consider when applying for this government aid. For...
by Heimlantz | Feb 5, 2021 | Professional Firms
Should your single member LLC or other sole-proprietorship elect to be an S-corporation effective January 1, 2021? If so, the deadline to elect this option is March 15, 2021. S-corporations offer many tax advantages. Some of these advantages are detailed below....
by Heimlantz | Feb 4, 2021 | Professional Firms
Sixty-one million adults and over 12.6 million children in the United States have some type of disability. If you have a disabled or blind child or another family member or are disabled or blind yourself, you should know about ABLE accounts. These tax-advantaged...
