Anthony CandelaNov 8, 20211 min2022 Retirement ContributionsThe Internal Revenue Service announced the cost-of-living adjustments affecting dollar limitations for pension plans and other...
Anthony CandelaNov 4, 20212 minThere are 2 months to go, Let's make them count!Believe it or not, the year will be over in 2 short months. And with the holidays mixed in, the 2 months will fly by. We wanted to take...
Anthony CandelaMar 12, 20213 minHighlights of the American Rescue Plan ActYesterday, President Biden signed the American Rescue Plan Act of 2021. As with previous legislation passed to combat the economic...
Anthony CandelaJan 19, 20212 minA Word on the Employee Retention CreditWhile the additional PPP funding and stimulus checks garnered most of the attention of the stimulus package signed by President Trump on...
Anthony CandelaJan 6, 20212 minAdditional Information on the Revamped Paycheck Protection ProgramThe first round of PPP funding ran out fast, and many businesses who were not prepared ahead of time were unable to successfully apply...
Anthony CandelaDec 30, 20203 minKey Provisions of the Recently signed Consolidated Appropriations ActBy now we are sure you have heard that President Trump signed the Consolidated Appropriations Act, 2021. While the stimulus checks have...
Anthony CandelaNov 20, 20202 minIRS and SBA Issue Updates on PPP Forgiveness and DeductionsWe wanted to share some guidance issued on November 18 on the deductibility of expenses related to Paycheck Protection Program (PPP)...
Anthony CandelaNov 6, 20202 minWhat is a Bank Reconciliation and Why is it Important?While this article is written more from a business perspective, it applies to personal accounts as well. If you have ever “balanced your...
Anthony CandelaNov 3, 20202 min2021 Key FiguresIf you are like most people, you probably can't wait to put 2020 behind you. With that in mind, we wanted to share some of the key...
Anthony CandelaOct 19, 20201 minUpdate on PPP Loan ProgramIt has been a little time since we last reached out to you with an update on the Paycheck Protection Program. We wanted to share two...
Anthony CandelaAug 31, 20202 minIs the New Payroll Tax Deferral a Good Idea?You may recall that President Trump signed an executive order on August 8 which, among other things, created a payroll tax deferral...
Anthony CandelaAug 28, 20201 minYour 401k plan may Change under a Biden AdministrationWe wanted to share a quick update on an overlooked part of Vice President Joe Biden's tax plan which he and his team put forth in July....
Anthony CandelaJul 20, 20202 minDon't rush to apply for PPP forgivenessWe wanted to share a quick update on the Paycheck Protection Program (PPP). As we are sure you can appreciate, there is still...
Anthony CandelaJul 1, 20201 minPPP Loan Application Deadline Extended to August 8thLast night the Senate passed by unanimous consent a five-week extension of the Paycheck Protection Program (PPP) just a few hours before...
Anthony CandelaJun 18, 20202 minStrings attached to the EIDL as WellIt appears as though the SBA is ramping up issuance of the Economic Injury Disaster Loans (EIDL). And although the requirements for how...
Anthony CandelaJun 16, 20201 minReceived a PPP Loan before June 5? Contact your banker Now!One of the provisions of the PPP Flexibility Act was to extend the repayment period of any PPP loan NOT forgiven from 2 years to 5...
Anthony CandelaJun 4, 20201 minSenate approves Paycheck Protection Program Flexibility ActLast week the House passed the Paycheck Protection Program Flexibility Act. The Senate has approved the Act and it now heads to the...
Anthony CandelaMay 28, 20202 minHouse passes Paycheck Protection Program Flexibility ActBy a vote of 417-1, with 1 Republican voting no and 13 Republican Members not voting, a few minutes ago, the House passed HR 7010, the...
Anthony CandelaMay 5, 20201 minSBA issues PPP guidance on Laid-off EmployeesMany small businesses have now received PPP loans. These small businesses are now turning their attention to loan forgiveness. We...
Anthony CandelaApr 14, 20201 minIs now the time to adopt Virtual Bill Pay?Undoubtedly, the world is much different today than it was just a month ago. And as we all learn to live in this “new normal”, maybe now...