2021 Accounting Today’s Best Accounting Firms to Work for
We are pleased to announce that tonneson + co was named as one of the 2021 Best Accounting Firms to […]
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Coronavirus Resource Center
With information changing rapidly regarding the Coronavirus (COVID-19) pandemic, tonneson + co has created this Coronavirus Resource Center where you […]
PPP Loan Necessity Questionnaire Eliminated
Finally, some welcome news regarding the Paycheck Protection Program (PPP) review of large loans! The PPP Form 3509 for business […]
Tonneson + Co Named Small Business of the Year by GBCC
We are pleased to share that Tonneson + Co has been named Small Business of the Year 2021 by the […]
Federal and MA Individual Income Tax Returns Extended
The IRS and the Massachusetts DOR have both indicated that they have approved an extension of time to file the […]
Good News for MA Pass-throughs Regarding Taxability of Forgiven PPP Loan Proceeds
On January 21, we wrote to you regarding the treatment of forgiven Paycheck Protection Program (PPP) loan proceeds for Massachusetts […]
American Rescue Plan Act Signed Into Law
The American Rescue Plan Act (ARPA) was signed by President Biden on March 11. The tax provisions in the new […]
American Rescue Plan Act passed by the House
On Saturday, February 27, the House passed the $1.9 Trillion American Rescue Plan Act (ARPA) of 2021 (H.R. 1319) which […]
MA Tax Issue Regarding Forgiven PPP Loan Proceeds
We want to share some news regarding Paycheck Protection Program (PPP) forgiven loan proceeds for individual income taxes includable in […]
SBA Opens Applications to More Lenders on Friday and Monday
The Small Business Administration (SBA) has announced that lenders with $1 billion or less in assets can start making Paycheck […]
What’s New for PPP Loans under the CAA
On December 27, President Trump signed the Consolidated Appropriations Act (CAA) which was in part enacted to further assist small […]