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 +
Fluence’s Commitment to You
We are excited to see how well practices are performing given everything we have experienced in the last year. We also share your enthusiasm about a sense of normalcy returning to our… 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 +
Exclusive Thriving Dentist & ADCPA Study Clubs for ADCPA Dentist Members
Exclusive Thriving Dentist & ADCPA Study Clubs for ADCPA Dentist Members We had an amazing TD & ADCPA exclusive study club session #3 on Tuesday, March 2nd. I hope each &… 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 +
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 +
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 +
The Multnomah County Preschool for All Tax for 2021
Multnomah County has a new Preschool for All Tax that takes effect in 2021. The tax was approved by voters in November of 2020. Currently, Multnomah County is negotiating with the City… Continue On +
The City of Portland’s New Metro Individual and Business Income Tax for 2021
The City of Portland has a new Metro Homeless Services tax (Metro) that impacts individuals and businesses starting in 2021. The tax was approved by voters in May of 2020. Now that… Continue On +
Changes for Individual Taxpayers in the New COVID Relief Law
Article Highlights Additional 2020 Recovery Rebates Educator Expense Unemployment Assistance Earned Income Tax Credit (Eitc) & Child Tax Credit (CTC) Cash Charitable Contributions for Non-Itemizers Cash Charitable Contributions for Itemizers Flexible Spending… Continue On +