Blog

in the news

Stories tagged as "in the news"


#

For Farmers and Ranchers, New PPP Loan Calculations

Jan 18, 2021, 5:23 AM

The new Economic Aid Act changes how Payroll Protection Program loans are calculated for farmers and ranchers. Previously, the government calculated PPP loan amounts using net farm income. Under the new law, ag producers should use gross farm income.
View Details
#

SBA Issues Guidance on the Second Round of PPP

Jan 11, 2021, 6:35 AM

​The Small Business Administration’s interim final rules regarding the latest round of the Paycheck Protection Program answered some key questions. For businesses that want to apply for their first or second PPP loan, the application process is now open.
View Details
#

New Changes to the Families First Coronavirus Response Act

Jan 8, 2021, 4:04 AM

The recently passed Consolidated Appropriations Act made some changes to the Families First Coronavirus Response Act. The new act doesn’t require businesses to provide pay leave, and it didn’t extend the paid leave maximums.
View Details
#

Should Your Small Business be an S Corp?

Jan 7, 2021, 4:58 AM

​When it comes to structuring your small business from a tax perspective, you’ve got a few options.
View Details
#

2021 Standard Mileage Rates from the IRS

Jan 7, 2021, 3:03 AM

​The IRS’s optional standard mileage rates went into effect on Jan. 1, 2021. As in previous years, the new rates are used to “calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.” The rates apply to cars, vans, pickups, and panel trucks.
View Details
#

​6 Tax Tips for Your New Business

Jan 6, 2021, 1:55 AM

One of the biggest hurdles you’re likely to encounter when you start a new business is understanding your taxes. We’ve summarized the IRS's tax tips for starting a new business in a free eBook.
View Details
#

How Are Lottery Winnings Taxed?

Jan 5, 2021, 3:45 PM

As more and more states legalize sports betting, it’s a good time to look at how lottery winnings are taxed. There are also some important non-tax considerations you should consider if you win big ... or even not so big.
View Details
#

What’s New in the Second Round of PPP

Dec 30, 2020, 12:43 PM

The latest round of COVID-19 relief funding provides $284 billion for another round of the Paycheck Protection Program — often referred to as PPP2. The SBA is expected to issue new guidance within 10 days of the enactment of the new act. In the meantime, here are some differences between PPP and PPP2.
View Details
#

Is a Donor-Advised Fund Right for Your Charitable Investing Goals?

Dec 28, 2020, 6:37 AM

With a donor-advised fund, you’ve got a tool that you can solely use to support the charities and nonprofits that matter the most to you. DAFs make you eligible for an immediate tax deduction if you donate cash, stocks, or non-publicly traded assets — like private business interests, cryptocurrency, and private company stock.
View Details
#

​What the Latest Round of COVID-19 Federal Relief Funding Means for You and Your Business

Dec 22, 2020, 5:12 AM

Business owners can now write off expenses they used forgiven PPP loans to pay for. There's also more money for PPP2 and EIDL grants, in addition to another round of stimulus payments.
View Details

Want the latest from Casey Peterson, Ltd.? Subscribe to our blog via RSS to get job listings, news and more automatically – as soon as we post them.

Subscribe to RSS


Submit A Request For Services

We'd love to get you connected with our team about any of CP's services using our online form.

MAKE A REQUEST

DON'T LIKE NUMBERS? WE DO.

At Casey Peterson, LTD, we understand not everyone loves the complexities of accounting like we do. That's what sets us apart from the rest. Our CPAs, accountants, and financial advisors truly love numbers, solving problems, and creating business and financial strategies for our clients.

We’re looking for clients who believe in good customer service — clients who want CPAs, accountants, and financial advisors who are big-picture thinkers and ethical problem solvers. We’re looking for relationships, not transactions.

If you want the same, we should talk.

Contact Us