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]
Caitlin Ernst / 0 Comments / Legal /
On Friday, May 22, the Small Business Administration (SBA) released an Interim Final Rule (IFR) for the requirements of Loan Forgiveness under the CARES Act. Procedurally, the IFR is subject… [Read More]
Caitlin Ernst / 0 Comments / Legal /
On Friday, May 22, the Small Business Administration (SBA) released the Interim Final Rule (IFR) for the requirements of Loan Forgiveness under the CARES Act. Procedurally, the IFR is subject… [Read More]
Caitlin Ernst / 0 Comments / Legal /
On Friday, May 15th, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) Loan Forgiveness Application. The Application can be found at https://home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf While the Application helps to… [Read More]