by Prospect Tax | Jan 8, 2021 | Business, COVID-19, Firm Updates
The new bill, signed into law on 12/27/2020, has ramifications for your business. Please take the time to watch the Webinar presented below. Besides covering the 2nd round of PPP and changes to the 1st round of PPP, the Webinar provides updates to payroll tax...
by Prospect Tax | Dec 1, 2020 | Business, COVID-19, Firm Updates
01/08/2021 Update: The new Federal COVID-19 bill passed and signed into law in late December overrules the IRS Notice that disallowed deductions used by a forgiven PPP loan. The new law specifically says that forgiven PPP loans will not be income and will not reduce...
by Prospect Tax | Mar 27, 2020 | COVID-19, Firm Updates
Dear Business Clients, Congress has just passed the largest economic stimulus bill ever. Included is much needed economic relief for both individuals and small businesses. Every single one of us has been affected by this national emergency, and we want to do...
by Prospect Tax | Mar 22, 2020 | COVID-19, Firm Updates
Update on Tax Season Due to COVID-19 Our firm sincerely hopes that you, your family, and your business are staying healthy, financially and physically. There is a lot of uncertainty in the world today. John 14:27: Peace I leave with you, my peace I give unto you: not...
by Prospect Tax | Jan 16, 2020 | Business, Firm Updates
The new year brings a clean slate, a fresh beginning, and an opportunity to start again! And so, January marks the time in which we all resolve to become better in some capacity. We promise to hit the gym more often, to eat more veggies, get more sleep, and finally...
by Prospect Tax | Sep 26, 2019 | Business, Firm Updates
As discussed in one of our latest blogs, delegation (link to delegation blog when it’s up) is a key aspect of effective business management. After all, you probably didn’t get into entrepreneurship to crunch numbers all day. (Unless you work here at Prospect...
