by Toby Lee | May 25, 2020 | Toby Talks Tax
I’ve been so busy hunkering down with my comfy doggie blankie, I missed the fact that it’s almost June – more than halfway through the second quarter of 2020. Usually by this time of the year, I’ve already run some figures to see if I’m having the right number...
by Christy Lee | May 13, 2020 | Cracking the Tax Code with Christy
Somehow this spring has been both the longest and shortest season ever. Congress passed the CARES Act in March, but that was not the end of the story. Several times a week the Small Business Administration issues more guidance regarding the Paycheck Protection...
by Christy Lee | May 12, 2020 | Cracking the Tax Code with Christy
Confused over the details of how to use your PPP funds? The Business Tax Ninja is going to release a series of short videos that will answer your questions and help guide you toward loan compliance and (hopefully) loan forgiveness. The first video of the series is...
by Christy Lee | May 6, 2020 | Cracking the Tax Code with Christy
Today in her webinar, “FAQ: What in the Hell is a Full-Time Equivalency Employee?”, Christy Lee, the Business Tax Ninja, taught some killer moves that’ll come in handy when you need to calculate the numbers of your FTEs. If you want to find out...
by Toby Lee | May 1, 2020 | Toby Talks Tax
Seeking a Legal Assistant We’re seeking a full-time legal assistant for a fast-paced, energetic tax boutique in Anchorage. The successful candidate will: • Execute administrative duties, such as data entry, banking, bookkeeping, handling mail,...
by Christy Lee | May 1, 2020 | Cracking the Tax Code with Christy
Listen up all recipients of Paycheck Protection Program loans. Did you think the government was going to forgive a loan and let that be that? Not a chance! This is especially true after it came to light that large companies with adequate cash...
by Christy Lee | Apr 30, 2020 | Cracking the Tax Code with Christy
The Business Tax Ninja is back to defend you when it comes to the PPP. Earlier this week she hosted a webinar in which she discussed why getting your PPP loan forgiven should be the least of your worries. What’s the urgency? The Business Tax Ninja received...
by Christy Lee | Apr 27, 2020 | Cracking the Tax Code with Christy
The Paycheck Protection Program is intended to protect ongoing operations of businesses during government mandated stay at home orders that have greatly shuttered businesses nationwide. These loan proceeds may be forgiven if businesses maintain similar levels of...
by Christy Lee | Apr 24, 2020 | Cracking the Tax Code with Christy
Last week additional guidance about the Paycheck Protection Program came out for sole proprietors and independent contractors. Pay close attention to these requirements as they are different from those for small companies or partnerships. Although sole proprietors...
by Christy Lee | Apr 23, 2020 | Cracking the Tax Code with Christy
Over the last two days we have received a slew of questions about how partnerships are treated in the Paycheck Protection Program. Not as much guidance exists for partnerships, but they were addressed in the Interim Final Rule issued on April 14th. If you have a...