Advance Child Tax Credit Payments
The IRS has begun depositing the 2021 Advance Child Tax Credit funds into taxpayers’ bank accounts which has resulted in some confusion. Below are some FAQ’s about the expanded child tax credit payment.… Continue On +
Washington Cares Fund
Washington Cares Fund Washington State has a new fund and related tax called the Washington Cares Fund, which has been developed to help mitigate the costs of long-term care for workers in… Continue On +
Update on the Affordable Care Act
In July 2020, our office filed protective claims for some of you in the event that the Affordable Care Act (ACA) would be overturned. We knew of a court case challenging the… Continue On +
HHS Provider Relief Funds Reporting Extensions and PPP Updates
HHS- Provider Relief Funds (PRF) Update On Friday, June 11th the Heath Resources & Services Administration released a revised notice of reporting requirements and reporting timeline for recipients of the provider relief… Continue On +
PPP 1 Loan Update
In a March 11th blog, https://www.fluenceportland.com/consulting/ppp-forgiveness-applications-should-you-apply, we laid out some recommendations on when to apply for forgiveness on your first PPP loan. Now that we are two months down the road, we wanted to… Continue On +
Important Tax Updates
-Important Updates- Personal Tax Filing Deadline Extended until May 17th Updates on PPP Loans & Applying for Forgiveness Updates on the Employee Retention (ERC) Credit Updates on the HHS Provider Relief Fund… Continue On +
American Rescue Plan Act (ARP Act)
Yesterday, the President signed the American Rescue Plan Act (ARP Act) of 2021 (the stimulus package). Below are some highlights of the ARP Act: $1,400 per person stimulus payments for taxpayers and… Continue On +
PPP Forgiveness Applications – Should You Apply?
Banks are currently allowing you to submit PPP loan forgiveness applications on the first round of PPP funds. Should you apply for forgiveness or wait? This is what we recommend for loans… Continue On +
We Are Excited to Share a Great Book and Four Webinars
Fluence is very excited to announce the publication of a book by Mike Smith, CPA, SPHR: The Path to Greater Dental Practice Success. Mike has taken his passion for coaching dentists and… Continue On +
HHS Provider Relief Fund Registration is Open and You Must Register
If you have received the Health and Human Services (HHS) Provider Relief Fund payments of $10,000 or more, you must register in the Provider Relief Fund reporting portal. This is a new… Continue On +
TD & ADCPA Study Club Session #3 on March 2nd
Exclusive Thriving Dentist & ADCPA Study Clubs for ADCPA Dentist Members We had an amazing TD & ADCPA exclusive study club session #2 on Tuesday, January 19th. I hope each… Continue On +
The Employee Retention Credit – A Tax Credit That May Benefit You
When the Employee Retention Credit (ERC) first came out in 2020, the rule said that if you received PPP loan money, you were not eligible for the ERC. For most taxpayers, that… Continue On +