Aug 25, 2021 | Business Consulting
BUSINESS OWNERS: DON’T LEAVE MONEY ON THE TABLE! Your company could qualify if it experienced: 50% reduction in revenue in Quarters 2-4 of 2020 and a full or partial government order or shutdown in 2020, Greater than 20% reduction in gross receipts in the first 2...
Aug 2, 2021 | Business Consulting, Corporate Tax
The IRS recently approved a temporary 100% deduction for some business meal expenses incurred during the 2021 and 2022 calendar years. In order to qualify, expenses must meet the following criteria: Paid or incurred after 12/31/20 and before 01/01/2023 with the meal...
Jun 29, 2021 | Business Consulting, COVID-19
The State of Ohio recently announced the launch of four new small business grant programs: Food and Beverage Establishment Grant Lodging Grant Entertainment Venue Grant and New Small Business Grant (for businesses that started in 2020) These grants range from up to...
Jan 7, 2021 | Business Consulting, COVID-19, Personal Tax
On Sunday, December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. A $900 billion emergency relief package is included as part of this omnibus spending bill. It is intended to assist individuals and businesses during the ongoing...
Dec 28, 2020 | Business Consulting, COVID-19
The Westerville Area Chamber of Commerce recently shared a few highlights about the CARES Act Extension that we wanted to bring to your attention: •PPP (Paycheck Protection Program) program will reopen with $284.5 billion to strengthen first time and second time...
Oct 28, 2020 | Business Consulting, COVID-19
The Westerville Area Chamber of Commerce shared this information with us, and we wanted to share it with you: There are several new grant funding programs available, and we wanted to make sure you are aware of the eligibility and time frame to apply. Please see the...