If you own an agricultural business that has been impacted by the COVID-19 pandemic, consider applying for the EIDL (Economic Injury Disaster Loan and Advance). The SBA opened up a special application period for agricultural businesses on May 4th, 2020.…
The IRS issued regulations on Tuesday, 5/12/2020 that could impact your health insurance plan, health flexible spending accounts (FSA’s), and dependent care assistance. There are two broad changes that you may hear more about in the coming weeks: The IRS…
If you are a targeted small business and are experiencing a business disruption due to the COVID-19 pandemic, we encourage you to look into applying for a grant of up to $10,000 with Iowa Economic Development: https://www.iowaeconomicdevelopment.com/programDetails?pid=137&ppid=26 Businesses with no…
We’ve received many phone calls, emails, etc. from business owners as well as employees affected by COVID-19 business closures. We’re doing our best to share information as quickly as possible, and be there however we can for our clients. The…
The US Dept. of Treasury and IRS have issued some basic guidance on penalty & interest relief for the period April 15, 2020 – July 15, 2020. As a result, if you owe tax on your 2019 tax returns and/or…