New notice from the IRS provides guidance for employers wishing to defer withholding and payment of certain payroll taxes for qualifying employee wages.
THE BOWMAN BLOG
We’re happy to offer news, updates, and thought leadership to our clients, friends, and subscribers. Please feel free to look around and subscribe to whatever topics you’re interested in using the form to the right.
PPP Loans: What You Need to Know About the Latest Changes
by Bowman & Company LLP | Jul 27, 2020 | #COVID-19News, Construction, For-Profit Entities, Funeral Homes, Government Entities, Healthcare, Not-for-Profits, Professional Services
Legislative measures were enacted creating significant changes for small businesses wishing to participate in the Paycheck Protection Program (PPP).
New PPP Loan Forgiveness Applications Released
by Bowman & Company LLP | Jul 8, 2020 | #COVID-19News, Construction, For-Profit Entities, Funeral Homes, Government Entities, Healthcare, Not-for-Profits, Professional Services
In addition to revising the full forgiveness application, SBA also published a new EZ version of the forgiveness application that applies to borrowers…
CARES Act Provides 4 Possible Reasons to File an Amended Return
by Bowman & Company LLP | Jun 15, 2020 | #COVID-19News, Federal Services, For-Profit Entities, Funeral Homes, Government Entities, Healthcare, Not-for-Profits
Here’s a summary of four retroactive CARES Act provisions that can potentially benefit you or your business entity after amended prior-year returns have been prepared and filed.
Prepare for a Post-COVID-19 Business Sea Change
by Bowman & Company LLP | Jun 12, 2020 | #COVID-19News, Construction, For-Profit Entities, Government Entities
USMCA: New Trade Agreement Will Modernize NAFTA
How to Plan for a PPP Audit
by Bowman & Company LLP | Jun 8, 2020 | #COVID-19News, Construction, For-Profit Entities, Funeral Homes, Government Entities, Healthcare, Not-for-Profits, Professional Services
Here are some tips to position your small business or not-for-profit organization to receive the maximum allowable forgiveness, as well as to prepare for the subsequent government audit.
Reminder: Three New Tax Credits Are Available to Many Businesses Hit by COVID-19
by Bowman & Company LLP | Jun 5, 2020 | #COVID-19News, Construction, For-Profit Entities, Funeral Homes, Healthcare, Not-for-Profits
The IRS today reminds employers affected by COVID-19 about three important new credits available to them.
Understanding the Newly Proposed Coronavirus Relief Bonds
by Bowman & Company LLP | May 20, 2020 | #COVID-19News, Government Entities
Learn more about New Jersey Assembly Bill 3971, which effectively authorizes local municipalities and counties to issue “coronavirus relief bonds.”
Thanking Our Local Heroes
by Bowman & Company LLP | Apr 27, 2020 | #BowmanGivesBack, #COVID-19News, Not-for-Profits
We here at Bowman & Company LLP are incredibly thankful to all those who sacrifice their own safety to help others acquire needed resources.
Understanding the Paycheck Protection Program
by Bowman & Company LLP | Apr 16, 2020 | #COVID-19News, Construction, For-Profit Entities, Healthcare, Not-for-Profits, Professional Services, Speaking Engagements
The Paycheck Protection Program provides businesses with 8 weeks worth of cash-flow through the use of federally guaranteed loans. Learn about eligibility, the application process, what to expect, the timeline of disbursement and repayment, and how to maximize the funds provided by the PPP.