Presidential Order Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster
On August 8, President Trump issued a memorandum to the Secretary of Treasury entitled “Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster.” The payroll tax deferral in…
Reminder – It Is Not Too Late to Qualify for the Tennessee Business Relief Program
[Note that this program is limited to smaller taxpayers and to businesses only in certain sectors. Before exploring the changes below, you can see the eligibility restrictions at https://www.tn.gov/revenue/tennessee-business-relief-program.html. Feel free…
Paycheck Protection Program Forgiveness Services
Easing of Paycheck Protection Program Requirements
The President has signed into law a bill that gives employers more flexibility when using Paycheck Protection Program (PPP) funds and applying for loan forgiveness. Lawmakers supported making changes to the PPP to…
COVID-19 Guidance for Cafeteria and High Deductible Health Plans
Due to COVID-19, the IRS has provided increased flexibility with respect to 2020 mid-year elections under cafeteria plans related to employer-sponsored health coverage, health Flexible Spending Arrangements (health FSAs), and…
More Economic Impact Payment Hot Topics
There are still numerous questions regarding Economic Impact Payments – here are some of the current hot topics: What about a child’s parents who are not married to each other,…
SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application
On Friday, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application….
Reports of Excel’s Death Are Greatly Exaggerated
A great article in today’s Nashville Business Journal from our Managed Accounting team! Let us help identify and implement the best accounting solution (including QuickBooks and Sage Intacct) for your…
Who’s Wearing the “Accounting” Hat in Your Company and Does it Fit?
Can you identify with any of these common scenarios? You are a partner in the company, but also handling the accounting functions. You are a small business owner, and the…
Crosslin Adds Two Principals
Crosslin has added two longtime Nashville business leaders as principals in fast-growing areas within the company. Ward Chaffin joins as principal of the company’s accounting and business solutions (ABS) group…
