BUSINESS AND INDIVIDUAL

New Virginia Filing for Unitary Businesses Due July 1

Renner Business News; June 14, 2021—Mary Ann Dougherty, CPA The Commonwealth of Virginia has a new, one-time filing requirement for corporations, including nonprofits, operating in Virginia. The report’s purpose is […]

UPDATE:  Virginia Follows IRS Due Date Move to May 17

Renner Individual News; March 22, 2021—Joan M. Renner, CPA, CGMA Virginia has moved the deadline for filing 2020 individual tax returns to May 17, aligning the Virginia due date with […]

IRS Moves 1040 Due Date to May 17

Renner Individual News; March 19, 2021—Joan M. Renner, CPA, CGMA Amid the second tax season of the pandemic, the IRS is giving individual taxpayers another month to file their 2020 […]

HIGH FIVE FOR YOUR 2020 BUSINESS TAXES—New Laws Bring Relief

Renner Business News; January 18, 2021–Joan M. Renner, CPA, CGMA To address devastating losses from the COVID-19 pandemic, new laws will bring businesses some relief on their 2020 federal tax […]
Man Applying for PPP Second Draw

New Law Allows PPP Second Draw for Hard-Hit Small Businesses

Renner Business News; January 13, 2021—Joan M. Renner, CPA, CGMA The Consolidated Appropriations Act of 2021 (CAA) includes a number of provisions to help small employers affected by the pandemic. […]

New Act Extends Emergency Leave Credit for Employers— Including Self-Employed

Renner Business News; January 11, 2021—Joan M. Renner, CPA, CGMA The Consolidated Appropriations Act of 2021 (CAA) includes a number of provisions to help small employers affected by the pandemic. […]

Paycheck Protection Program – Self-employed Not Left Out

Renner Business News; April 27, 2020—Joan M. Renner, CPA, CGMA A new COVID-19 relief package is expected to provide $310 billion additional Paycheck Protection Program (PPP) funding very soon to […]

THE EMPLOYEE RETENTION CREDIT— How to Claim It

Renner Business News; April 14, 2020—Joan M. Renner, CPA, CGMA The IRS has provided guidance for employers who want to take advantage of the Employee Retention Credit.  Small businesses and […]

THE CARES ACT—Help for Small Businesses and Nonprofits Amid COVID-19

Renner Business News; April 4, 2020—Joan M. Renner, CPA, CGMA The CARES Act is still very new and, in some ways, its application is still being worked out.  However, business […]

PAYCHECK PROTECTION PROGRAM APPLICATIONS NOW AVAILABLE

Renner Business News; April 1, 2020 The Department of Treasury has released the Paycheck Protection Program application  The Paycheck Protection Program offers small businesses and 501(c)(3) charities a loan to […]