by Franskoviak Tax Solutions | Aug 25, 2020 | 2020, Franskoviak News, testimonials
Nathan worked as a self- employed independent construction contractor. He had not filed or paid his quarterly estimates for several years. He knew he would owe money, but he was fearful of the IRS and what they would do to him if he filed the returns. Then Nathan...
by Franskoviak Tax Solutions | Aug 19, 2020 | 2020, Coronavirus, COVID19, Small Business, tax filing, tax planning
You’ve Received a PPP Loan, Now What? By now most of you have received PPP loans and many of you have spent the PPP money. Now it is time to start planning and working on the loan-forgiveness application process and procedure. This newsletter will give...
by Franskoviak Tax Solutions | Jul 2, 2020 | 2020, Important Tax Dates, tax filing, tax planning, Tax Season, taxes
Many taxpayers have still not filed their 2019 income taxes. With July 15th tax filing deadline quickly approaching, we are still preparing tax returns. Documents can be uploaded to your portal, or send via email to Info@Franskoviakcpa.com. If you need an...
by Franskoviak Tax Solutions | Jun 5, 2020 | 2020, Coronavirus, COVID19, Government, Information, tax filing, tax planning, taxes
Many of our clients for whom we facilitated PPP loans appropriated by the CARES Act have been very concerned about the restrictive nature of the forgiveness provisions. Passage of the Paycheck Protection Program Flexibility Act of 2020 (HR 7010) on June 3, 2020, by...
by Franskoviak Tax Solutions | Apr 17, 2020 | 2020, Coronavirus, COVID19, Government, Information, IRS, Small Business
Update on The Paycheck Protection Loan SBA Program As of yesterday, April 16th, 2020 the SBA has run out of money for funding of the Paycheck Protection Forgive able loan program and is not taking further applications. In addition, the SBA have stopped taking...
by Franskoviak Tax Solutions | Apr 15, 2020 | 2020, Coronavirus, COVID19, current events, Franskoviak News, Government, Information, IRS
For those of you that need to provide the IRS with information regarding your stimulus check the IRS now has two portals available for you. If you need to update Banking information for Direct Deposit and/or update your address Click Here To Access The Get My Payment...