Kelly Green-Krist's (kgreenkrist) Blog

Follow me
By
Industry Observer - Green Krist CPA PLLC - 34463

ARCHIVED BLOG POSTS

2021 

Before the December 27, 2020, enactment of the new COVID-19 relief law, you may have chosen the Paycheck Protection Program (PPP) loan and given no thought to the employee retention credit.  Remember, under the original law, you had to choose between the retention credit and the PPP loan. Million...
03/28/2021
The IRS can waive penalties it assessed against you or your business if there was “reasonable cause” for your actions.The IRS permits reasonable cause penalty relief for penalties arising in three broad categories: Filing of returns Payment of tax Accuracy of information Contrary to what you migh...
03/21/2021
Are you one of the millions of businesses that have an outstanding non-disaster Small Business Administration (SBA) loan? These include:  7(a) loans (general small business loans of up to $5 million), 504 loans (loans of up to $5.5 million to provide financing for major fixed assets such as equip...
03/14/2021
If a loved one passes away and you serve as the executor or inherit assets, you need to consider your duties and so some tax planning.  Filing the Final Form 1040 for Unmarried Decedent If the decedent was unmarried, an initial step is to file his or her final Form 1040.  That return covers the p...
03/07/2021
Rainmaker
31,775

Kelly Green-Krist

CPA
Contact The Author