Covid Relief – Second Act Stimulus

On Monday, December 21, 2020, Congress voted to approve a long-awaited stimulus related to the ongoing Covid-19 Coronavirus pandemic. The legislation is expected to be signed into law this week. The bill contains numerous provisions Read More

Ryan Kilpatrick

Dec 22, 2020

IRS Clarifies Rules Surrounding PPP Forgiveness

On November 18, the IRS published long-awaited guidance regarding PPP forgiveness and the deductibility of expenses paid with PPP loan proceeds. For most taxpayers, this means that expenses paid with PPP funds will be nondeductible Read More

Ryan Kilpatrick

Nov 20, 2020

What You Need to Know About the Deferral of Payroll Tax Obligations

Our office has received numerous inquiries about President Trump’s recent memorandum. On August 8, 2020, President Trump signed an executive order allowing an elective deferral of the 6.2% employee share of Social Security tax. The Read More

Ryan Kilpatrick

Sep 15, 2020

Don’t be surprised by Ohio Workers Comp Premium Adjustments

In an effort to reduce the burden to businesses during the COVID-19 pandemic, the Ohio Bureau of Workers Compensation has taken action that will result in lower advance premium payments during 2020. However, this action Read More

Ryan Kilpatrick

Aug 18, 2020