Our Accounting Articles
PPP Loan Forgiveness & Special Benefits Enrollment Event
Ensure PPP Loan Forgiveness
The Payroll Protection Program (PPP) loan is a key piece of the CARES Act. The program offers low-interest, forgivable loans to small businesses through their banking institution. The loans are meant to help businesses stay afloat and keep employees on the payroll.
Business Line of Credit
The rapid spread of COVID-19 has created more than a health crisis. The “stay home” directive that quickly spread across the country is creating a financial emergency for many businesses. And, as we continue to self-isolate, businesses need to find a way to minimize the impact.
CARES Act
All of your stimulus bill questions answered
As the days and weeks have progressed since Governor Cuomo’s orders for social distancing, Boris Benic and Associates continues to work separately, but with a unified purpose: supporting our clients through a most unusual situation.
CARES Act Provisions
Although the CARES Act (ACT) covers many areas, I would like to share very important provisions where you may need to take immediate action.
How We Are Helping You Now – Plus, tax news you need.
Last week, our team began working remotely under the governor’s orders for social distancing. This week, we’re pleased to give you an update on operations at Boris Benic and Associates LLP. We also have some important tax news you’ll need during this time.
What to Do if You Get Audited
When it comes to filing taxes, an audit is arguably the worst-case scenario of the entire process. While there are ways to avoid getting audited, sometimes an audit is unavoidable. If you do find yourself on the receiving end of an IRS audit, consider these important steps: