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Highlighting important news in accounting

IRS Expands E-Signature Options for Filings

The IRS announced in late August that they will accept e-signatures on specific forms that cannot be filed electronically.

SBA Introduces a New “Simpler” PPP Forgiveness Application

by William Tucker, CPA | Consulting

The Paycheck Protection Program (PPP) loan forgiveness process just became easier for borrowers with loans of $50,000 or less.

Contractor Risk Management Post COVID-19

by Jeremiah Wolcott | Construction

Managing a construction project is a challenging proposition especially considering the potential risks which present themselves in almost every aspect of the work.

PPP Forgiveness Update – Owner Treatment & Nonpayroll Costs

by William Tucker, CPA | Tax

On August 24, 2020, Treasury issued a new Interim Final Rule (IFR) which provides important new details on the Paycheck Protection Program (PPP) loan forgiveness.

CARES Act Opportunities for Construction Companies

by Jeremiah Wolcott | Construction, Tax

During the COVID-19 pandemic, Denver construction companies have faced a variety of challenges. Similar to other businesses, the need for working capital to offset the economic shock of the pandemic was a prime concern

SBA Issues PPP Loan Forgiveness FAQs

by William Tucker, CPA | Accounting

The impact of COVID-19 on Colorado businesses were abrupt and caught many off guard. The combination of stay at home orders, forced business closures, and concern about virus transmission changed the business landscape seemingly overnight.

Employer Retention Tax Credit

by William Tucker, CPA | Tax

The ERTC is a refundable tax credit against employer-side FICA employment tax. The amount of the credit is equal to 50% of up to $10,000 of the usual and qualified wages an employer pays to each employee after March 12, 2020, and before January 1, 2021.

PPP Flexibility Act of 2020

by William Tucker, CPA | Tax

The last three months have been some of the most unpredictable for Denver business owners. The confluence of stay at home orders, forced business closures and fear of COVID-19 transmission have created challenging conditions. Almost overnight many were forced to cease...

[Updated] Paycheck Protection Program Details

by William Tucker, CPA | Tax

The financial vitality of many Denver businesses has come into question since the implementation of COVID-19 prevention orders. Many have been forced to change their business model or completely shut down to maintain compliance

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