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American Rescue Plan Features Several Tax Benefits

American Rescue Plan Features Several Tax Benefits

by Jonathan Bill | Mar 11, 2021 | COVID-19, Tax Season

Please note: The new American Rescue Plan Act signed by President Biden last week includes some items — including unemployment income and healthcare premium assistance — that affect 2020 tax returns. We will hold all tax returns until more info is released. Depending...
Retirement Planning: Are Your Social Security Benefits Taxable?

Retirement Planning: Are Your Social Security Benefits Taxable?

by Jonathan Bill | Jun 30, 2020 | COVID-19, Personal, Retirement

If you are retired now or planning on retiring soon, you’ll need to determine if any of your Social Security benefits will be taxed. It’s an important part of figuring your income and expenses during this time of your life. Since 1984, Social Security beneficiaries...
Coming Due: PPP Loan Updates You Need to Know

Coming Due: PPP Loan Updates You Need to Know

by Jonathan Bill | May 27, 2020 | Biz Taxes, COVID-19

On May 15, the SBA released its Payroll Protection Program Forgiveness Application. The Paycheck Protection Program is the forgivable loan program that allows small businesses to cover up to eight weeks of payroll costs, mortgage interest, rent and utilities. The loan...
Coming Due: PPP Loan Updates You Need to Know

Coming Due: PPP Loan Updates You Need to Know

by Jonathan Bill | May 27, 2020 | Biz Taxes, COVID-19

On May 15, the SBA released its Payroll Protection Program Forgiveness Application. The Paycheck Protection Program is the forgivable loan program that allows small businesses to cover up to eight weeks of payroll costs, mortgage interest, rent and utilities. The loan...

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The information provided here by Premier Tax & Accounting Services is for general information only. It does not constitute legal, accounting, tax or other professional advice or services, and is presented without any representation or warranty as to the accuracy or completeness of the information. Please contact us for information as it relates to your circumstances.

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