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]
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]
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]
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]
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]
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]
Caitlin Ernst / 0 Comments / Company News, Staff /
Maloney & Kennedy, PLLC, a certified public accounting firm in Auburn, New Hampshire, is proud to announce that Greg Sylvain has joined their Accounting Team. Greg has a Bachelor of… [Read More]
Caitlin Ernst / 0 Comments / Legal, Tax Filings /
The New Hampshire Department of Revenue is releasing a new online portal for business tax, Interest and Dividends tax, and Communications Service tax in October 2020. Taxpayers in this group,… [Read More]
Caitlin Ernst / 0 Comments / Legal /
On June 17, the U.S. Small Business Administration (SBA), in consultation with the Treasury Department, released a revised loan forgiveness application for the Paycheck Protection Program (PPP). The SBA also… [Read More]
Caitlin Ernst / 0 Comments / Legal /
On Wednesday June 3, 2020, the U.S. Senate passed the House version of legislation amending the Paycheck Protection Program (PPP). The “Paycheck Protection Flexibility Act” (the “Bill”) will go to… [Read More]