COVID-19 Updates: What You Need to Know

by Ericksen Krentel CPAs | Feb 4, 2021 | Accounting, Advisory, Assurance, Careers, Construction, Consulting, Healthcare, Hospitality, Maritime, News, Nonprofit, Tax

Home / Insights / Blog / Tax Twitter LinkedIn Facebook Latest Resources for Navigating COVID-19For PPP loan assistance, contact Dennis Tizzard at dtizzard@ericksenkrentel.com. For tax credit and other tax-related matters, contact Kevin Neyrey at...

Charitable Contributions and Deductions Altered by CARES Act

by Ericksen Krentel CPAs | May 5, 2020 | Accounting, Advisory, Assurance, Careers, Construction, Consulting, Healthcare, Hospitality, Maritime, News, Nonprofit, Tax

Home / Insights / Blog / Construction Twitter LinkedIn Facebook The Coronavirus Aid, Relief, and Economic Security (CARES) Act creates two new tax benefits for charitable contributions – and deductions – related to supporting nonprofits:Individuals can claim a $300...

PPP Loan Forgiveness Will Hinge on Detailed Recordkeeping

by Ericksen Krentel CPAs | May 1, 2020 | Accounting, Advisory, Assurance, Careers, Construction, Consulting, Healthcare, Hospitality, Maritime, News, Nonprofit, Tax

Home / Insights / Blog / Construction Twitter LinkedIn Facebook UPDATE as of May 14, 2020: The Small Business Administration (SBA) issued updated guidance on borrowers’ required good-faith certification and loan increases. Click here to read more. With eligible...

PPP Loan Guidance: How to Calculate Maximum Amounts by Business Type

by Ericksen Krentel CPAs | Apr 28, 2020 | Accounting, Advisory, Assurance, Careers, Construction, Consulting, Healthcare, Hospitality, Maritime, News, Nonprofit, Tax

Home / Insights / Blog / Careers Twitter LinkedIn Facebook UPDATE as of May 14, 2020: The Small Business Administration (SBA) issued updated guidance on borrowers’ required good-faith certification and loan increases. Click here to read more.The U.S. Small Business...

How to Substantiate Eligibility for, Claim Tax Credits for Paid Leave

by Ericksen Krentel CPAs | Apr 27, 2020 | Accounting, Advisory, Assurance, Careers, Construction, Consulting, Healthcare, Hospitality, Maritime, News, Nonprofit, Tax

Home / Insights / Blog / Careers Twitter LinkedIn Facebook The Families First Coronavirus Response Act (the “FFCRA”), signed by President Trump on March 18, 2020, provides small and midsize employers refundable tax credits that reimburse them,...

COVID-19 Brings Changes to Retirement Plan Distributions

by Ericksen Krentel CPAs | Apr 22, 2020 | Accounting, Advisory, Assurance, Careers, Construction, Consulting, Healthcare, Hospitality, Maritime, News, Nonprofit, Tax

Home / Insights / Blog / Careers Twitter LinkedIn Facebook UPDATE as of June 23, 2020: Anyone who already took a required minimum distribution (RMD) in 2020 from certain retirement accounts now has the opportunity to roll those funds back into a retirement account...