The IRS Issues New Procedures Affecting S Corporations

On October 10, 2022, the IRS issued a new revenue procedure allowing S corporations and their shareholders to resolve certain […]

Posted By Tonneson
In Business, Business Tax
Grid List
September 30, 2022Posted By Tonneson

IRS Announces Interest Rate Increases for the Fourth Quarter of 2022

Higher federal short-term interest rates have caused the IRS to increase its interest rate for over and under-payments of tax obligations. Learn more about the updated interest rates for Q4 of 2022.

September 29, 2022Posted By Tonneson

High Inflation Got You Down? LIFO is Worth a Look

Tired of hearing about inflation? Brace yourself: despite federal attempts to tamp it down, odds are we’ll be dealing with […]

September 27, 2022Posted By Tonneson

Highlights of the Inflation Reduction Act of 2022

On Tuesday, August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 into law. This sweeping legislation includes […]

June 9, 2021Posted By Tonneson

GBCC Small Business of the Year

We are pleased to share that Tonneson + Co has been named Small Business of the Year 2021 by the […]

November 10, 2020Posted By Tonneson

GGI Member Firm of the Year 2020

Tonneson & Company is proud to have been named a Member Firm of the Year 2020 by Geneva Group International […]

June 24, 2020Posted By Tonneson

New Guidance on Loan Forgiveness and SBA Loan Review Procedures

On June 22, the SBA issued the Loan Forgiveness Interim Final Rule (LF-IFR) and Loan Review Procedures Interim Final Rule […]

May 16, 2020Posted By Tonneson

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 7, 2020Posted By Tonneson

PPP Loan Application and Certification of Need

The Small Business Administration’s (SBA) Paycheck Protection Program (PPP) loan application required that applicants certify in good faith that “current […]

January 31, 2020Posted By Tonneson

Evaluating your company’s concentration risks

The word “concentration” is usually associated with a strong ability to pay attention. Business owners are urged to concentrate when […]

December 6, 2019Posted By Tonneson

What do lenders look for in a succession plan?

Business owners are urged to create succession plans for the good of their families and their employees. But there’s someone […]

Back To Top