by Integrated Tax Services | Dec 2, 2020 | COVID-19
Virtual learning is a way of life again for many kids as we head towards winter. Mayo Clinic psychologist Dr. Craig Sawchuk says that families will need to adapt to changing circumstances this school year. “We’ve all been dealing with uncertainty,”...
by Integrated Tax Services | Aug 3, 2020 | Business, COVID-19
More than 70% of small businesses in America now have loan proceeds from the Paycheck Protection Program (PPP) to help retain employees during the current pandemic. The entire amount of a PPP loan is eligible to be forgiven if the funds are used for qualified...
by Integrated Tax Services | Jun 12, 2020 | COVID-19, Integrated Tax Services
Thinking about the Payroll Protection Program loan forgiveness? You are not alone. For those of you who received funding in the first round of payments, that 8-week deadline for using the funds is fast approaching. Many of you have looked at the loan forgiveness...
by Integrated Tax Services | Jun 1, 2020 | COVID-19
Numerous new laws provide economic relief to individuals and businesses hardest hit by this year’s pandemic. This much-needed financial assistance, however, comes with a few strings attached. Here are three potential surprises if you use the available economic relief...
by Integrated Tax Services | Jun 1, 2020 | COVID-19
Do you need a quick infusion of cash? Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, you may be able to take money out of a qualified plan, like a 401(k), or an IRA, with favorable tax consequences. But should you do it? You might view...
by Integrated Tax Services | May 15, 2020 | COVID-19
As a self-employed person (sole proprietor) does talk of the various stimulus benefits for businesses surrounding the COVID-19 response have you feeling left out? Don’t despair! As a non-employer without payroll expenses, you qualify for two programs: Pandemic...
