The certified public accounting firm of Frost & Company, PLLC is pleased to announce the addition of Antonia Goh, CPA to their professional team. Goh joins the firm as a senior tax manager. She brings with her nearly three decades of valuable experience, including 18 years with McGladrey and five years with a local CPA […]
American Rescue Plan Act
The American Rescue Plan Act (ARPA) was passed by the Senate on Saturday, March 6 and in the House on Wednesday, March 10. The $1.9 trillion relief bill was signed into law on Thursday, March 11. Read on for details on the provisions included in the ARPA. Individual Stimulus Checks Estimated portion of the stimulus […]
President Trump Signs Consolidated Appropriations Act
On December 22, 2020, Congress passed the Consolidated Appropriations Act, 2021 (CAA2021), which includes $892 billion in coronavirus stimulus spending. The Act was signed into law on December 27 by President Trump. This long-awaited and highly contested piece of legislation ties coronavirus relief funding into a $1.4 trillion resolution for funding the federal government through […]
2020 YEAR END TAX LETTER NOW AVAILABLE
Year-end tax planning is seldom a simple proposition, and 2020 has been quite a challenge, to say the least. With this in mind, we have prepared a comprehensive 2020 Year-End Tax Planning Letter. For your convenience, the letter is divided into two sections: Individual Tax Planning (.PDF) » Business Tax Planning (.PDF) » Access the […]
SBA Releases Guidance Regarding Early PPP Loan Forgiveness
On June 22, the U.S. Small Business Administration (SBA) released additional guidance regarding Paycheck Protection Program (PPP) loan forgiveness. A recent article from the Journal of Accountancy summarizes the information contained in the release. The new interim final rule primarily addresses changes made by the Paycheck Protection Program Flexibility Act of 2020. This is the […]
SBA Releases Application for PPP Loan Forgiveness
On Friday, May 15, the Small Business Administration (SBA) announced an important release for borrowers who received loans through the Paycheck Protection Program (PPP). The bureau made public a form and instructions for borrowers to use to apply for PPP loan forgiveness. The application must be completed and submitted to the lender that serviced the […]
