Posts by Cougar Digital
Make the most of the Employee Retention Credit
The Employee Retention Credit (ERC), which was created to encourage employers to keep their workforces intact during the COVID-19 pandemic, has been with us for a year. But questions about it remain for many employers. With the new American Rescue Plan Act (ARPA) extending the credit and expanding eligibility — and the credit worth as…
Read MoreThe American Rescue Plan Act provides sweeping relief measures for eligible families and businesses
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The $1.9 trillion law is intended to provide far-reaching relief from the economic and other repercussions of the ongoing COVID-19 pandemic. In addition to funding for testing, contact tracing, vaccinations, education, and state and local governments, the ARPA includes extensive…
Read MoreThe American Rescue Plan Act has passed: What’s in it for you?
Congress has passed the latest legislation aimed at providing economic and other relief from the COVID-19 pandemic that has haunted the country for the last year. President Biden is expected to sign the 628-page American Rescue Plan Act (ARPA), which includes $1.9 trillion in funding for individuals, businesses, and state and local governments. The ARPA…
Read More2020 – 06/05 – PPP borrowers get concessions, additional guidance on forgiveness
The Paycheck Protection Program Flexibility Act eases PPP loan forgiveness restrictions. Here are the details of the law, along with some recent guidance for borrowers.
Read More2017 Continuing Professional Education Conference Invitation
As part of our commitment of providing continuing education opportunities for our staff and other CPAs in the Yakima Valley, we are once again organizing a continuing professional education conference. We extend an invitation to our clients, colleagues, and other professionals in our community to join us and participate in this great two‐day event. You…
Read MoreFinancial Aid Packages–It’s What’s Inside That Counts
College acceptance letters are arriving, and your child will soon have to make a decision. But solid academic programs and a great location aren’t the only things to think about. Cost is a big factor. And the right financial aid package can make a big difference.
Read MoreSection 529 Plans: The Road to College Savings
One minute they’re toddlers learning to walk, and the next they’re crossing the stage at high school graduation! So the sooner you start saving for a child’s college education, the better.
Read MoreLock In Estate Value: File Your Gift-Tax Return
In our last article, we identified situations when you are required to file a gift tax return. However, reasons exist for when filing a gift-tax return even though it’s not required is a good idea. Doing so could save your family a great deal of bother and money in the future.
Read MoreWhen must you file a Gift Tax Return?
As you get ready to file taxes for the current year, one question you may end up being asked is if you made or received any gifts in the current year and if so, have you or are you planning to file a gift tax return.
Read MoreTaxpayer Identity Theft
As the 2015 tax filing season starts, the nation’s fastest growing crime involves stealing taxpayer Social Security numbers to file for false refunds. Taxpayers who are unlucky enough to be the victim of this growing threat face
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