• Attention Business Clients

    Attention Business Clients

    In the last 72 hours, I have been working around the clock to prepare dozens of SBA PPP Loan Applications (SBA Form 2483) and gathering the necessary documents required for these loans. Loan Information The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on…

  • I’m Reminded of the Spanish Flu Pandemic of 1918

    I’m Reminded of the Spanish Flu Pandemic of 1918

    Those of you that have been in my office have seen the old pictures of my Great Grandparents and Great, Great Grandparents out in the lobby. In the U.S. about 28% of the population of 105 million became infected with 500,000 to 675,000 deaths or 0.48 to 0.64 percent of the population. The Spanish flu…

  • Information Resources

    Information Resources

    The vast majority of questions we are getting right now pertain to SBA assistance. Coronavirus (COVID-19): Small Business Guidance & Loan Resources We’re here to help you overcome the challenges created by this health crisis. These links have useful info. Coronavirus Tax Relief Economic Impact Payments: What you need to know We are a bit…

  • Everything Due April 15 moved to July 15

    Everything Due April 15 moved to July 15

    Our office is closed to the public until Monday May 4th. During the month of April we have a very limited schedule where we are staggering employee in-office work hours. If you have not yet filed the 2019 taxes you may schedule an appointment between May 4 and July 14. Alternatively, if you upload your…

  • IRS Grants Extension of Time to File FATCA Information Returns

    IRS Grants Extension of Time to File FATCA Information Returns

    In response to the COVID-19 virus, the Internal Revenue Service will provide an extension of time for a Reporting Model 2 FFI or a Participating FFI to file the FATCA Report (Form 8966) to the IRS. The filing deadline for the FATCA Report (Form 8966) will be extended from March 31, 2020 to July 15,…

  • In-Office Visits Suspended

    In-Office Visits Suspended

    Effective Monday April 6 through April 30 Your safety and that of my employees is my number one concern always. During this time, you can still reach us through voice mail and email. We will reopen Monday May 4th. If you have an appointment during this time-frame and have not yet been contacted by the…

  • Employee Retention Credit

    Employee Retention Credit

    IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19 WASHINGTON — The Treasury Department and the Internal Revenue Service today launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer…

  • Unemployment

    Unemployment

    Claims and Benefits FAQ The following questions and answers have been selected to help you better understand the Unemployment Compensation Claim (UC) process and to become more comfortable with the terminology. These questions are targeted towards individuals filing their first unemployment claim. Q. How do I file a claim? Online here https://labor.alabama.gov/uc/ICCS/default.aspx. You can also…

  • Economic impact payments: What you need to know

    Economic impact payments: What you need to know

    Check IRS.gov for the latest information: No action needed by most people at this time The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others…