Purk expands senior management team with Doug Pleus, CPA, Pleus & Company, LLC; Terry Knox, CPA, Dwyer Costello and Knox P.C.; Holly Breuer, CPA, and Candice Carter. Purk & Associates, P.C., the leading, woman-owned St. Louis-based accounting, and management advisory firm, announced today that Pleus & Company, LLC; and Dwyer Costello and Knox P.C. have…
Earlier this month the SBA (Small Business Administration) and Treasury published updated Paycheck Protection Program (PPP) loan forgiveness guidance and released new forms for borrowers to use if they would be applying for PPP loan forgiveness of $150,000 or less. The latest form is called the PPP Loan Forgiveness Application Form 3508S. This form seeks information…
The U.S. Senate and House of Representatives passed a $900 billion COVID-19 Pandemic Relief bill Monday night. We have not yet reviewed all 5,500 pages, but here is what we know so far: PPP round 2: $267.5 billion in PPP loan funds available through a similar process as round 1. Only businesses with 300 or…
If you’re like most business owners and self-employed individuals, 2020 taught you how important it is to have well documented financial records. If applying for PPP or EIDL was a scramble, it’s time you consider finding a professional CPA. We take great pride in knowing that our clients had the necessary documents at their fingertips…
It may be Halloween, but nothing is as scary as not understanding your financial situation. When was the last time you took an in-depth look into your finances? This year seems to have forced many people and businesses to evaluate their budgets. While some may avoid conversations about money, a thorough financial evaluation can help…
Tax law, tax code, tax credits…. Chances are, you’ve heard these terms more in 2020 than you normally do. It’s true that election years tend to bring much discussion and debate regarding taxing Americans. Perhaps more this year as businesses and employees are watching their budgets even more closely. The details and knowledge of maximizing…
When you’re stressed and anxious, it’s harder to be productive. There are enough obstacles in our lives right now. Let’s talk about the elephant in the room and learn how to deal with it. It’s clear that the world is focused on the health and economic impacts of Covid19. These are valid concerns that we’ve…
If you experienced an emergency, you likely would call 911 without giving much thought to the medical bills that would follow. It seems as though many business owners were left with a similar mindset as they tried to secure a lifeline for the health and survival of their businesses earlier this year. As the COVID-19…
In an effort to provide financial relief for Federal taxpayers impacted by the Covid-19 pandemic, the International Revenue Service (IRS) extended the April 15th tax deadline to July 15th. This 3-month extension was provided to all payers for tax filing, tax payments, and estimated quarterly payments. While this did provide a sigh of relief for…
With little notice, Covid19 sent what seemed like the world’s entire workforce to their homes to work. (The lucky ones anyway.) With so much of the world telecommuting, it’s so important to stay connected to each other on a personal and professional level. While some people seem to naturally be productive while working from a…