SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced this past Friday (January 8) that the Paycheck Protection Program (PPP) will re-open tomorrow (January Read more about SBA and Treasury Announce PPP Re-Opening; Issue New Guidance[…]

Simplified Accounting Rules for Small Businesses Finalized!

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. As December was drawing to a close, the Internal Revenue Service finalized updates to various tax accounting regulations to adopt the simplified tax accounting rules for small businesses Read more about Simplified Accounting Rules for Small Businesses Finalized![…]