We hope you and yours enjoyed celebrating July 4 yesterday, and will continue to be safe and happy today as you observe the official holiday! Here is a short look back at how the first July 4 came into existence, as well as how our freedoms have continued to evolve throughout the years.
In an effort to keep our clients, office staff, and their families as safe as possible, we have made changes to how we will operate this tax season. In general, while we miss seeing our clients in person, we will be limiting in-person interactions as much as possible and will be relying on Zoom for meetings [...]
In this week’s Monday episode (June 22, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather reported that the IRS approved some relief last week. If you were 70 1/2 in 2019 and were required to take distributions from a retirement plan like a 401(k) or IRA, the question has been what would happen if [...]
In this week’s Monday episode (June 15, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather reported that last Friday, 40 bipartisan senators wrote a letter to the Trump administration asking the SBA and Treasury to make the debt forgiveness process simpler for small business. The original PPP loan application is only three pages long, [...]
In this week’s Monday episode (June 8, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather reported that the much-awaited PPP legislation was finally passed. Between the House and the Senate, there was only one individual who dissented. Small businesses should be encouraged that the government is working hard to provide them with much-needed relief. [...]
