May 14, 2020 | Agriculture, Beer, Blog, Cider, Closely Held Businesses, Manufacturing, Now You Know, Real Estate and Construction, SBA, Startup Business, Tax
On April 14, the SBA announced that a partnership (including an LLC treated as a partnership for tax purposes) may include partners’ self-employment income as eligible compensation on the partnership’s Paycheck Protection Program (PPP) application. Unfortunately, many...
May 12, 2020 | Agriculture, Beer, Blog, Cider, Closely Held Businesses, Manufacturing, Nonprofit Insights, Real Estate and Construction, Startup Business, Wine
Does your staff cringe when you talk about goals? Do your coworkers roll their eyes when you discuss your objectives for the coming year? If this is the case in your organization, it may be time for a new way of thinking about your goals — one that is well...
May 1, 2020 | Agriculture, Beer, Blog, Cider, Closely Held Businesses, Manufacturing, Now You Know, Real Estate and Construction, Startup Business, Tax, Wine
Guidance concerning the Payroll Protection Plan is updated continually as the government responds to the economic impacts of COVID-19. Most recently, the IRS released a notice on April 30 stating that borrowers may not deduct expenses paid using forgiven PPP loan...
May 1, 2020 | Agriculture, Beer, Blog, Cider, Closely Held Businesses, Manufacturing, Now You Know, Real Estate and Construction, Startup Business, Tax, Wine
Updated May 14, 2020 New communications from the Small Business Administration and the Treasury indicate a need for companies who received a Payroll Protection Plan loan and those who are applying for the funds to carefully assess their hardship statuses to determine...
Feb 11, 2020 | Advisory, Agriculture, Beer, Blog, Cider, Closely Held Businesses, Now You Know, Real Estate and Construction, Tax
The IRS and employers often are at loggerheads over the classification of workers as employees or independent contractors. Typically, many employers want to treat workers as independent contractors, while the IRS often determines that workers are misclassified...
Jan 8, 2020 | Advisory, Beer, Blog, Cider, Closely Held Businesses, Manufacturing, Real Estate and Construction, Startup Business, Tax
You’ve probably heard the word whispered at the water cooler … Wayfair. You weren’t quite sure what it meant, but it filled you with an unnamed dread. We’d like to demystify the new law and help you understand how it might impact your business. Background Since taxes...
