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With information changing rapidly regarding the Coronavirus (COVID-19) pandemic, tonneson + co has created this Coronavirus Resource Center where you […]
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Our Latest Blog Article
Additional Guidance on Payroll Tax Deferral
Last Friday, the IRS issued guidance on the payroll tax deferral that President Trump signed in a presidential memorandum on […]
PPP Forgiveness Rules for Owners and Related Party Expenses
The Small Business Administration (SBA) along with Treasury issued additional guidance regarding who is considered an owner for a C […]
More Clarification Regarding the Payroll Tax Deferral
The payroll tax deferral is one of four executive orders President Trump issued on Saturday as a result of the […]
President Trump Signs Four Executive Orders
Congress has yet to come together on a new stimulus package as they continue to try to find common ground […]
New FAQs for PPP Loan Forgiveness
On August 4, after several weeks of silence, the Small Business Administration (SBA) along with Treasury has issued a new […]
House HEROES Act vs. Senate HEALS Act Ready for Debate
Late Monday, the Senate, in consultation with the White House, put forth the HEALS (Health, Economic Assistance, Liability protection, and […]
PPP Loan Forgiveness Tool Now Available Ahead of Final Guidance
The AICPA has officially launched its PPP Loan Forgiveness Tool (the Tool) which will assist borrowers with filling out the […]
SBA and Treasury Release Data on PPP Loan Recipients
On July 6, the Small Business Administration (SBA), in consultation with Treasury, released detailed loan-level data regarding the loans made […]
AICPA Makes Recommendations for Inclusion in Next Relief Bill
With Congress back in session this past Monday, the AICPA has issued recommendations for the next relief package, which is […]
IRS to Examine High Income Taxpayers; AICPA Asks for Waiver of Penalties for 2019 Returns
The IRS has announced two initiatives for the remainder of 2020, both of which target high income earners. The IRS […]