by Franskoviak Tax Solutions | May 23, 2022 | 2022, Information, IRS Tax Problems, tax planning
Effective tax relief doesn’t have to come from an oversized firm. When it comes to tax relief, you want the very best team on your side. Only tax relief experts understand the fine details of current tax laws and the best options for your specific situation....
by Franskoviak Tax Solutions | Jan 15, 2021 | 2021, current events, Information, PPP
The US Small Business Administration has approved, and lenders will now be open for funding of PPP1 and PPP2 first and second round draws loans as of Monday January 19, 2021. They anticipate there will be enough funding for all borrowers for PPP2. as is the case for...
by Franskoviak Tax Solutions | Dec 23, 2020 | 2020, Information, PPP, tax planning, taxes
Many of our clients have been asking about the Paycheck Protection Program loans and the tax effects of forgiveness and deductibility of related expenses. This has been a point of great consternation in the months since the CARES Act was passed. The Internal Revenue...
by Franskoviak Tax Solutions | Sep 4, 2020 | 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 | Jul 28, 2020 | Information, IRS, IRS Tax Problems, services, Small Business, tax filing, tax planning
Read More About Our Affordable Audit Protection Annual Plans …. We’ve Got The Perfect Fit For You.
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...
