Barnes Tax Associates

Delays in tax refunds and payment processing. https://www.accountingtoday.com//irs-sees-delays-in-tax-re

Information on stimulus "plus-up" payments.

Here's some info on the new Child Tax Credit. Happy Thursday!

The IRS has had some difficulties processing returns amidst the abnormal tax season. If you're expecting a return, it may take a little longer than usual.

The IRS is making it easier to file amended returns. Although they have not set an exact date, you will no longer have to file paper returns when your situation changes.

PPP loan forgiveness can be unclear at points. Here is a bit of guidance:

Your PPP Loan is eligible for forgiveness if you use it for payroll related costs, but will you be taxed on it?

The IRS is opening slowly but surely. Take a look to see what is, and what is not, open.

This year, taxes are due on July 15th. You can request an extension to October 15th, but should you? Read more:

Tackling the 11-page PPP application may be daunting, but it can be easily digested in these 4 steps: https://www.forbes.com//4-steps-to-tackle-the-new-payche/

Self-employed workers can apply for loan forgiveness, but here are some things to consider first: https://www.cnbc.com//self-employed-workers-face-an-uphill

The IRS is adding 3,400 staff members to help field your questions regarding your stimulus check.

Have a family business? What is the best business structure for you? It is important to assess all risks and protect your business and family.

While Congress is discussing another stimulus bill, the Paycheck Protection Program rules could be changing.

New direction from the Small Business Administration regarding guidelines to small businesses that offer to rehire laid-off employees:

Small Business Administration is now allowing borrowers to claim forgiveness of their PPP loans. Read more here: