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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 […]

Posted By Tonneson
In COVID-19 Updates
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May 29, 2020Posted By Tonneson
Business, Business Tax, COVID-19 Updates

House Passes Paycheck Protection Flexibility Act of 2020

On May 28, the House passed the Paycheck Protection Flexibility Act of 2020 (H.R. 7010), which is a small, focused […]

May 27, 2020Posted By Tonneson
Business, Business Tax, COVID-19 Updates

House to vote on changes to PPP extending 8 week covered period

On Thursday, May 28, the House and the Senate are expected to vote on their versions of a bill which […]

May 21, 2020Posted By Tonneson
Business, Business Tax, COVID-19 Updates

House to Vote Next Week on a New Bill with Significant Changes to PPP

The Democratic-controlled House has plans to vote next week on a new bill called the Paycheck Protection Flexibility Act (H.R. […]

May 19, 2020Posted By Tonneson
Business, Business Tax, COVID-19 Updates

AICPA Releases PPP Loan Forgiveness Calculator

The American Institute of CPAs (AICPA) released their updated version of a loan forgiveness calculator on May 18, 2020 for […]

May 16, 2020Posted By Tonneson
Business, Business Tax, COVID-19 Updates

SBA Releases PPP Loan Forgiveness Application and Instructions

Last evening, on May 15, 2020, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released […]

May 16, 2020Posted By Tonneson
Business, Business Tax, COVID-19 Updates, Individual Tax

House Approves Second Stimulus Package

On May 15, 2020 the House voted to approve a $3 trillion, 1800-page second stimulus package named the Health and Economic […]

May 14, 2020Posted By Tonneson
COVID-19 Updates, Firm News

Mask Donations for First Responders

This week, tonneson + co donated approximately 700 KN95 masks and over 2,000 3-Ply Surgical masks to first responders, local […]

May 14, 2020Posted By Tonneson
Business, Business Tax, COVID-19 Updates

AICPA to post loan forgiveness calculator by Friday absent official guidance

Today the AICPA has shared their Loan Forgiveness Calculator with Treasury and SBA in hopes that it will jump start […]

May 14, 2020Posted By Tonneson
Business, Business Tax, COVID-19 Updates

May 14th Safe Harbor Extended to May 18th

On May 13, 2020, the Small Business Administration (SBA) added Question #47 to the PPP loan FAQs under the CARES […]

May 13, 2020Posted By Tonneson
Business, Business Tax, COVID-19 Updates

SBA Updates FAQs with Guidance on Good-Faith Certification for PPP Loans

On May 13, 2020, the Small Business Administration (SBA) updated their FAQs under the CARES Act Paycheck Protection Program (PPP) […]

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