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.
SBA Issues PPP Loan Update on Forgiveness Eligibility
Now that the Paycheck Protection Program (PPP) loan application period has ended, businesses that have taken PPP loans are concerned about meeting eligibility for loan forgiveness. PPP loans are generally forgivable if a business uses at least 60% of the loan proceeds...
Best Practices for Nonprofits Tackling 2021 Budgeting Challenges
With all the economic upheaval that COVID-19 has brought to 2020, budgeting for 2021 is sure to be challenging for many nonprofits. Some nonprofits cut back their services, operations and staffing during 2020, and others changed their mission to address more pressing...
Red Flags That Can Trigger An IRS Business Audit
The possibility of an IRS audit haunts many businesses, but what factors contribute to that risk? For example, have business processes been implemented to sufficiently capture required documentation, such as withholdings and withholding taxes? Has the business been...
The Cone of Uncertainty
If you are in the cone when a hurricane approaches, you know when to start preparations for the upcoming storm. 2020 has been a very long stormy year for the business community and for tax professionals.
DMJ & Co., PLLC Announces Expansion with Roberson CPA Firm, PLLC
DMJ & Co., PLLC (DMJ), a U.S. Top 300 accounting and business consulting firm with headquarters in Greensboro, North Carolina, has announced that the Durham, North Carolina firm of Roberson CPA Firm, PLLC will become DMJ & Co., PLLC.
Optimizing Business Processes for Telehealth Services
DMJ & Co., PLLC advises healthcare providers using telehealth to strengthen and monitor business processes to optimize reimbursements and minimize compliance risks.
Robin Bennett, CPA Joins DMJ & Co., PLLC Sanford, NC Office
DMJ & Co., PLLC (DMJ), a U.S. Top 300 North Carolina CPA firm, is pleased to announce that Robin Bennett, CPA has joined the firm as a Tax Manager in DMJ’s Sanford, North Carolina office.
The Aftermath of the Paycheck Protection Program (PPP)
BACKGROUND On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act, enacting it into law. The bill had been passed overwhelmingly, in a bipartisan manner, by both the House and Senate, as legislators struggled to take action to...
Tax Implications of Working Remotely
DMJ & Co., PLLC advises that several states have waived nexus for employees working remotely during the COVID-19 emergency.
PPP Loan Application Simplified
DMJ & Co., PLLC explains that the PPP loan forgiveness application has been simplified, and a new EZ option was introduced to streamline the application process (forms included).