By Christina J. Herzog, CPA In August, the President of the United States released a memorandum implementing a payroll tax deferral that is effective for payroll paid during the period September 1, 2020 through December 31, 2020. There were a lot of questions and confusion about this program when the memo was issued, and recently the IRS issued Notice 2020-65 (the Notice) providing additional guidance. The following questions and answers … [Read more...]
Could the Employee Retention Credit Benefit Your Business?
By Alan Shaw, EA Over the past couple months, we’ve heard much about the business relief provisions included in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). One such provision, however, has largely escaped the limelight: the employee retention credit. … [Read more...]
*Updated 3/23/20* A Message from PWB CPAs & Advisors on COVID-19
3/23/19 IRS Deadlines, State Deadlines and SBA Loan Information Here is a recap of current developments and resources: … [Read more...]
IRS Form W-4 Changes for 2020 – Here’s What You Need To Know
The IRS has announced substantial improvements to the IRS Form W-4, Employee’s Withholding Certificate, for 2020. These changes will have a significant impact on employees and employers, but do not worry, we’re here to help you get through it. … [Read more...]
The Truth About Equity Compensation: Employee Stock Option Plans
By Jacob Rengstorf, CPA Attracting and retaining talent is critical to the success of your business. But in a competitive marketplace, it’s easier said than done. You can promote your team-driven culture, your flexible work schedule, and your wide-ranging benefits, but there’s no getting around it: money talks. Providing equity compensation is one way you can make sure your offer package comes through loud and clear. … [Read more...]
