Linda Silva Retiring
We’d like to take a moment to express our gratitude to Linda Silva, who is retiring this month. Linda has been our dedicated Office Manager here at Maloney & Kennedy,… [Read More]
Jason Belanger Earns CPA License
Caitlin Ernst / Company News, Staff /
Maloney & Kennedy is proud to announce that Jason Belanger has earned his Certified Public Accounting License (CPA) from the State of New Hampshire. A CPA license is the accounting… [Read More]
Senate News Release
Caitlin Ernst / 0 Comments / Legal /
A news release today from the New Hampshire Senate newsroom indicated that the New Hampshire senators are working towards legislation which, if passed, provides that New Hampshire businesses that received… [Read More]
New Hampshire Taxation of COVID-19 Relief Funds
Caitlin Ernst / 0 Comments / Legal /
The New Hampshire Department of Revenue has today issued a Technical Information Release (TIR 2021-001) relative to the New Hampshire Taxation of Federal and State Covid-19 Financial Relief Funds. The… [Read More]
Second Round of Paycheck Protection Loans
Caitlin Ernst / 0 Comments / Legal /
At the end of 2020, Congress passed, and President Trump signed, a new law that provides for additional relief related to the coronavirus (COVID-19) pandemic. This law, the Consolidated Appropriations… [Read More]
NNESEA Elections
Caitlin Ernst / 0 Comments / Company News, Staff /
Please join us in congratulating our own Enrolled Agent Jan Sorrentino, as she was elected as the Vice President of the Northern New England Society of Enrolled Agents on Friday,… [Read More]
CARES Act – Tax Provisions for Individuals
Caitlin Ernst / 0 Comments / Legal /
As the calendar year is coming to an end and taxpayers are considering charitable giving, we wanted to send out a quick reminder that the Coronavirus Aid, Relief, and Economic… [Read More]
Paycheck Protection Loans Timing of Deductibility of Expenses
Caitlin Ernst / 0 Comments / Legal, Tax Filings /
On November 18, 2020 the U.S. Treasury Department and Internal Revenue Service (IRS) released Rev. Rul. 2020-27 and Rev. Proc. 2020-51 clarifying the tax treatment of expenses where a Paycheck… [Read More]
IRS Launches New Form Replacing 1099-MISC for Contractors in 2020
Caitlin Ernst / 0 Comments / Legal, Tax Filings /
For many years, businesses have used Form 1099-MISC to report calendar-year payments of $600 and above to individuals who performed services in their trade or business. These include vendors, independent… [Read More]
Main Street Relief Fund 2.0
Caitlin Ernst / 0 Comments / Legal /
Governor Chris Sununu has authorized the allocation and expenditure of $100 million from the CARES Act Coronavirus Relief Fund (“flex funds”) for Main Street Relief Funds 2.0 (MSRF). MSRF 2.0… [Read More]