The DMJ & Co., PLLC Digest: A CPA Blog
Insights and musings from the desks of our professionals.
The DMJ Digest: A CPA Blog
Insights and musings from the desks of DMJ professionals.
Tax Blast: Paycheck Protection Details & CARES Act Webinars
The U.S. Department of Treasury has released more information on the Paycheck Protection Program (PPP). DMJ now has available on-demand, and at your convenience, pre-recorded webinars that provide attendees an overview of the key provisions in the CARES Act.
How Nonprofits Can Remain Resilient Through COVID-19 Crisis
DMJ & Co., PLLC provides action steps for nonprofit organizations to help manage finances and staffing amidst the COVID-19 pandemic.
Tax Blast: How to Apply for A Small Business Disaster Loan
One of the most interesting facets of the relief bill for businesses is the ability to get a “paycheck protection loan” under SBA Section 7(a), designed for employers with under 500 employees. The Act provides about $350 billion for this purpose. The loan is administered by your local bank but guaranteed by the SBA. All small employers are eligible, including nonprofits and sole proprietors.
How to Apply for a Small Business Disaster Loan
The Coronavirus Aid, Relief, and Economic Security Act, also known by its acronym, the CARES Act provides much relief for businesses through loans, job credits, and tax deductions. It also provides relief to individuals through personal tax rebates, easing access to retirement funds, and tax deductions.
Tax Blast: The Coronavirus Aid, Relief, and Economic Security Act
Wednesday night, March 25, the Senate overwhelmingly passed the CARES Act which will provide over $2 trillion in relief to individuals and businesses. The House must pass and the President must sign the bill before it becomes law, both of which are currently projected to occur on Friday, March 27. Here are the key business provisions as it currently stands in the Senate’s version of the bill that has passed. Reminder – these provisions are not law yet and are subject to change.
The Coronavirus Aid, Relief, and Economic Security Act – The CARES Act
Wednesday night, March 25, the Senate overwhelmingly passed the CARES Act which will provide over $2 trillion in relief to individuals and businesses. The House must pass and the President must sign the bill before it becomes law, both of which are currently projected to occur on Friday, March 27. Here are the key business provisions as it currently stands in the Senate’s version of the bill that has passed. Reminder – these provisions are not law yet and are subject to change.
A Message from DMJ & Co., PLLC Regarding COVID-19
As counties across North Carolina announce stay-at-home orders and with these updated government directives underway, we want to keep you informed of our plan for business continuity as we continue to move forward. It is important to note that financial services are identified as a critical industry sector and accounting is identified as an essential business in many counties.
Tax Issues in the Families First Coronavirus Response Act
On March 18, 2020, the President signed the “Families First Coronavirus Response Act” (HR 6201) (“the Act”) to provide some relief from the economic effects of the current outbreak. Many of these benefits to employees are the responsibility of the employer, and tax...
Important Message from DMJ & Co., PLLC- Coronavirus & Tax Extension Update
We are committed to serving the needs of our clients while maintaining a safe and stable work environment for our employees. Moreover, DMJ takes our role in social responsibility during the coronavirus outbreak very seriously, protecting our most vulnerable, and...
5 Steps to Business Continuity During the Coronavirus Pandemic
DMJ & Co., PLLC provides 5 action steps a business leader can take to build a business continuity plan for the coronavirus pandemic.