October 21st, 2020 • Blog
Jim Moran, CPA, MST
COVID-19 has had a big impact on businesses and individuals alike. One universal change has been the increase in telecommuting workers. This may not seem like it would be all that impactful when it comes to your taxes, but it does beg the question: Whose state income tax should you...
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October 6th, 2020 • Blog
Kathryn A. Sisson, CPA, MST
As we navigate through our new reality, we are all learning and embracing more and more about technology each day - from online banking to virtual meetings. Many businesses are evaluating how they operate in all areas of their business and finding ways to be more efficient. One area you...
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September 3rd, 2020 • Blog
Sammie Binning, CPA
The Paycheck Protection Program (PPP) was enacted as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act in March 2020 to assist small employers with the cost of maintaining their employees during the COVID-19 crisis through a loan from the Small Business Association.
This article will cover how forgiveness...
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August 11th, 2020 • Blog
Alan Goodwin, MSA
Local Governments have something to be thankful for! On Thursday May 7, 2020, the Governmental Accounting Standards Board (GASB) officially approved guidance postponing effective dates on certain pronouncements. In response to challenges due to the COVID-19 pandemic GASB approved Statement 95, Postponement of the Effective Dates of Certain Authoritative Guidance....
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Nashua, NH – Melanson Heath, one of the fastest growing accounting firms in the US and a Regional Leader for New England according to Accounting Today, is proud to announce that the company will begin operating under a new name and will be known as Melanson, effective immediately. This rebranding...
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The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or “the Act”) has provided taxpayers affected by COVID-19 with some relief in the area of retirement plan distributions and loans.
Retirement Plan Distributions
A coronavirus related distribution is allowed by a qualified individual from an eligible retirement plan made from January...
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