Clayton & McKervey: CPAs for Systems Integrators shared an update Posted23 hours and 47 minutes AGO A new round of PPP loans was ushered in with the passage of the Economic Aid Act. In addition to the 2nd draw loans, eligible businesses that did not receive a PPP loan in the first round of funding have an opportunity to apply. https://bit.ly/3oOl4tq
Clayton & McKervey: CPAs for Systems Integrators shared an update Posted3 days AGO Every year state and local taxes play a larger role in the corporate tax season. Evolving tax codes, recent court cases, and the impacts of COVID-19 are only a small portion of the full picture. https://bit.ly/35ws5aE
Clayton & McKervey: CPAs for Systems Integrators shared an update PostedWednesday, December 30,2020 at 12:40 PM The latest COVID-19 Stimulus Package made some key adjustments to the Employee Retention Credit making it likely more business will qualify for the credit. Find out more here: https://claytonmckervey.com/employee-retention-credit-extended/
Scenario Planning in the Age of COVID-19 https://claytonmckervey.com/scenario-planning-covid-19/ PostedWednesday, September 16,2020 at 1:04 PM As 2020 has shown, simply saying that “scenario planning is important” is an understatement. Scenario planning is essential.Since March, COVID-19 has changed the world, and in doing so has challenged every modern assumption about enterprise as we know it. Businesses in every sector can no longer take anything for granted Read More
Payroll Tax Deferral IRS Guidance https://claytonmckervey.com/payroll-deferral-irs-guidance/ PostedTuesday, September 1,2020 at 8:50 AM Late Friday, August 28, 2020 the Treasury issued guidance on President Trump’s executive order deferring the payment of certain employee payroll taxes. The period eligible for deferral is September 1, 2020, and ends December 31, 2020. This deferral is only available for those earning a bi-weekly pay period of less than $4,000 threshold amount. Read More
Payment Processing Delays Due to COVID-19 https://claytonmckervey.com/payment-processing-delays-covid-19/ PostedWednesday, August 26,2020 at 9:26 AM Taxpayers may unfortunately find that their checks, mailed with tax returns, are on backlog at the Internal Revenue Service (IRS) due to processing delays as a result of COVID-19. Read More