by Franskoviak Tax Solutions | Sep 4, 2020 | Coronavirus, COVID19, Government, Important Tax Dates, Information, IRS, Tax Deadlines, tax deductions, tax filing, tax laws, tax planning, taxes
The Executive Order for Payroll Tax Deferral The Executive Memorandum signed by the President August 8, 2020, providing for the deferment of some payroll taxes. This was followed by Internal Revenue Service Notice 2020-65 which offered some clarity on provisions of... 
by Franskoviak Tax Solutions | Aug 19, 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 | Jun 5, 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 | 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 | 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... 
by Franskoviak Tax Solutions | Apr 10, 2020 | Coronavirus, COVID19, current events, Government, Information, Tax Season
There’s Money Waiting For You Or Your Business!! YOU CAN RELY ON US TO HELP!! We have worked through the various pieces of legislation that have recently passed to help business owners through this difficult period. The following is some of what is available to... 
