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Child Tax Credit Update for 2021

Child Tax Credit Update for 2021

Recently, there were changes made to the child tax credit that will benefit many taxpayers. As part of the American Rescue Plan Act that was enacted in March 2021, the child tax credit: Amount has increased for certain taxpayers Is fully refundable (meaning you can...

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Impairment During the Pandemic

Impairment During the Pandemic

By Andrea Krueger, Principal, CDH, P.C. Are you worried about the long-term impacts of the current pandemic on your assets? Many companies are struggling to assess the various uncertainties in our current economic climate. According to the Wall Street Journal, the...

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Coronavirus Small Business Relief Update

Coronavirus Small Business Relief Update

Second Draw Payroll Protection Program Loans and First Draw Forgiveness Businesses continue to face unprecedented economic hardship due to the Coronavirus (COVID-19) outbreak. To assist, the Coronavirus Aid, Relief and Economic Security (CARES) Act has provided...

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The Healthcare Hangout is Back!

The Healthcare Hangout is Back!We’ve spent the last few weeks working on bringing you more great content. New sessions have been added to the Healthcare Hangout online series which will start on September 17 and run through the end of 2020. Join us online for...

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COVID-19 Payroll Tax Deferral Update

COVID-19 Payroll Tax Deferral Update

On August 8, 2020, President Trump issued an executive order to defer the withholding, deposit, and payment of the tax employees pay towards Social Security starting September 1 through December 31, 2020. The order affects employees whose biweekly pay is below $4,000...

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The Top Five Limitations of QuickBooks

For many small and mid-sized businesses, Intuit QuickBooks is usually the first choice for financial software in the organization’s early days – and for good reasons.  QuickBooks is well-known and very easy to use, and it offers the basic functionality that almost any...

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