by Mike Franskoviak | Oct 8, 2020 | COVID19, Important Tax Dates, IRS, Small Business, tax filing, tax planning
In the six months since the PPP was created, the only certainty about the program has been uncertainty. The Paycheck Protection Program came into being due to the economic uncertainty which shut down much of the US economy. So far, the program has funded 5.2 million...
by Michael Franskoviak | Sep 8, 2020 | Franskoviak News, Important Tax Dates, IRS Tax Problems, services, Small Business, Tax Deadlines, tax deductions, tax filing, tax planning
Dear Friend, IRS Problems are a very personal type of problem and people often do not know where to turn for help. IRS Problems generally affects all aspects of your life. Many people just live with the problem for months and sometimes years, assuming that nothing can...
by Michael Franskoviak | 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 Michael Franskoviak | Jul 2, 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 Michael Franskoviak | Mar 31, 2020 | Coronavirus, COVID19, current events, Franskoviak News, Important Tax Dates, Information, IRS, IRS Tax Deadlines, Small Business, tax filing, tax planning, Tax Season, taxes
As a follow up to my prior email communications I have further information to share relating to the small business tax relief as part of the recent CARES ACT that passed last Friday. Payroll Tax Credits – PL 116-127 Families First Coronavirus Response Act was...
by Michael Franskoviak | Mar 30, 2020 | Coronavirus, COVID19, Government, Important Tax Dates, Information, IRS, IRS Tax Deadlines, tax planning, Tax Season, taxes
The biggest piece of the recent stimulus legislation was the expansion of SBA loans for small business affected by the COVID-19 disaster. It’s called the PAYCHECK PROTECTION PROGRAM (PPP). This announcement will provide the details of this new program. Loans...
