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Accounting & Business Advisory Blog
COVID-19: Can dependent care assistance program Elections be Changed Midyear?
Due to the coronavirus (COVID-19) pandemic, employers are now faced with many challenges with their workforces, including responding to changes in employee benefits programs. In response, they have many questions. Here's one question from an…
- Diane Glover
- Aug 24, 2020
Stay Afloat with Tax-Favored Coronavirus-Related Distributions
The coronavirus (COVID-19) pandemic is causing economic hardship for many people and businesses in the United States. On March 27, the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law…
- Kirsch CPA Group
- Apr 10, 2020
Now May Be a Good Time for a Roth IRA Conversion
The coronavirus (COVID-19) outbreak is causing havoc in the global markets and the U.S. economy. In today's uncertain marketplace, it's important to stay on top of your financial status, including taking measures to protect your…
- Kirsch CPA Group
- Apr 09, 2020
CARES Act Tax Provisions
On Friday, March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law. The Act includes numerous provisions that provide tax relief as a result of the Coronavirus epidemic. The…
- John Kirsch
- Mar 30, 2020
Paycheck Protection Loan Program (PPP) Summary
On March 27, 2020, the Coronavirus Aid Relief and Economic Security (CARES) Act was enacted to provide financial relief and to provide stimulus to the economy as a result of the Coronavirus pandemic. The provisions…
- John Kirsch
- Mar 28, 2020
New Cash Flow Planning Tools for Ohio Businesses
As a response to the Coronavirus epidemic, Ohio has taken action to help employers conserve cash flow through the very uncertain times they are currently experiencing. Ohio Workers’ Compensation Premium Deferral Ohio is one of…
- Diane Glover
- Mar 25, 2020
Emergency Financing From the SBA
The Small Business Administration (SBA) has an Economic Injury Disaster Loan program available as a result of official disaster declarations resulting from the Coronavirus spread. The application process has now opened for these loans.…
- John Kirsch
- Mar 24, 2020
Economic Injury Disaster Loans
Summary of the Economic Injury Disaster Loans March 24, 2020 This document is based on information available as of the date of the document. As additional guidance is issued, this document will be updated. Please…
- Nick Roell
- Mar 24, 2020
Tax Filing Deadline Remains April 15 – Payment Due Extended to July 15
3/20/2020 - UPDATE - Filing Deadline Moved to 7/15/2020 The IRS just announced that the tax FILING deadline is being moved to 7/15/2020 along with the previously announced tax payment deadline. 3/19/2020 - Tax Filing…
- John Kirsch
- Mar 19, 2020
Help Employees Received Unemployment Benefits
If you are planning layoffs or shutdowns as a result of the coronavirus (COVID-19) pandemic, share the following mass layoff number with your employees. Lay off# 2000180 This measure will expedite the processing of benefits…
- Diane Glover
- Mar 18, 2020