by Jonathan Bill | Feb 12, 2021 | COVID-19, Tax Season
When you provide your paperwork to Premier CPA Services, you’re entrusting us to file your tax return accurately and efficiently. We use sophisticated software to handle the math, find common errors and flag missing information. But we also use our years of experience...
by Jonathan Bill | Jan 29, 2021 | Biz Taxes, COVID-19, Small Business, Tax Season
T/he SBA recently reopened the Paycheck Protection Program for both “First Draw” and “Second Draw” PPP loans for eligible small businesses. This second go-round is intended to make PPP loans more flexible, helpful and accessible, especially to hard-hit restaurants....
by Jonathan Bill | Dec 30, 2020 | Biz Taxes, COVID-19, GA Taxes, Small Business
On December 27, 2020, President Trump signed into law the newest $900 billion COVID-19 relief bill. The legislation, part of the Consolidated Appropriations Act, 2021, provides additional pandemic relief and clarifies the deductibility of business expenses paid with...
by Jonathan Bill | Dec 3, 2020 | COVID-19, Tax Season
I think most of us will be glad when 2020 is finally over so we can look forward to a new start in 2021. As the year winds down in the next four weeks, take some time to look over your finances. There may be a few things you can do before the end of the year to get...
by Jonathan Bill | Nov 20, 2020 | COVID-19, Small Business, Tax Season
When the Tax Cuts and Jobs Act (TCJA) was passed in 2017, it changed the way charitable contributions were handled at tax time. Basically, you can only deduct donations to charity if you itemize your deductions. And the TCJA makes itemizing less enticing for most...
by Jonathan Bill | Oct 19, 2020 | Biz Taxes, COVID-19
Put into place to help small business owners during the COVID-19 crisis, these tax credits may help you reduce your business’s financial burden: Employee Retention Credit This credit encourages businesses to keep employees on their payroll. The refundable tax credit...
