PPP Loan Funds Received, Now What?

We are excited for you if you have received your PPP loan proceeds. At this point, we still do not have the final guidance released on the loan forgiveness rules. We are… Continue On +

If you are looking for PPE, Please see below email blast that was just sent out by Green Sail Transitions

PPE ORDERS AVAILABLE   Green Sail Transitions         Good morning, The PPE small order site is now available. You will find the link below. This e-commerce add-on to Handshake’s… Continue On +

Updates Regarding the EIDL and PPP Loans

We are glad to hear that clients are starting to receive money from the SBA or learning that you will soon receive money.  We also know you have questions about what to… Continue On +

Individual Rebate Credit

We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering… Continue On +

Apply or Wait- The Decision Every Doctor is Having to make Regarding the PPP loan

Our office is receiving a lot of questions from clients about when to apply for a Paycheck Protection Program Loan. We understand this is the most critical question every practice has at the… Continue On +

SBA Application Process Has Been Defined

As promised the SBA has released the final calculation and application for the Paycheck Protection Plan (PPP) 7(a) Loan. This morning banks are doing their best to be ready for processing, but… Continue On +

The New SBA Loan is Almost Ready

Fluence spent three hours last night on a phone conference with 79 CPAs that are part of the Academy of Dental CPAs.  In our opinion this group is the best of the… Continue On +

Update on Paid Leave, New SBA Loan, and Unemployment

With each act of Congress that provides help during this challenging time comes a wave of questions.  How does a specific act apply to your practice?  What are the next steps to… Continue On +

Tax Filing and Payment Due Date Updates

As you are aware from previous communications the Internal Revenue Service has extended both the filing deadline and payment deadline for 2019 to July 15, 2020.  They also chose to extend the… Continue On +

You Have Until July 15th to Make Tax Payments, Tax Returns Still Due April 15th

Yesterday the IRS released Notice 2020-17 providing relief from tax payment deadlines due to the COVID-19 emergency.  Please note this relief is for tax payments only.  This notice does not provide an… Continue On +

State Audit

The State of Oregon is stepping up their income analysis audit techniques. Recently we have seen state agencies, including the State of Oregon, increase their use and scope of the “Bank Deposits”… Continue On +

Tax Issues Related to Divorce

Divorce is a traumatic event in anyone’s life, and the tax aspects are frequently overlooked, which can add to the distress. The following is an overview of many of the commonly encountered… Continue On +