Last week, we unpacked Kentucky’s new tax laws in this great post by Cheryl Ganim. The measure was ratified by the Kentucky General Assembly in an override of Governor Andy Beshear’s veto this month. Now it’s time to take a look from a different angle, including the thinking behind
Growing and protecting wealth is a critical part of a successful retirement planning strategy – but the options and associated decisions seem endless. How do you know you’re making the right choices? Watch that first step The first step – and one of the most important – is choosing the
What’s the impact of the 2020 Employee Retention Tax Credit (ERTC) on income tax filings? According to the newest guidance from the IRS, it could be quite substantial for some filers. The current IRS guidance states that if a taxpayer has a 2020 ERTC credit, then the wages on the
On the surface, taking the Employee Retention Credit (ERC) is four easy steps, but we all know that nothing’s really easy. This is especially true when it comes to interpreting new legislation where not all the guidance is out yet. And, to make things even more complex, there are different
Borrowers that participated in the Paycheck Protection Program (PPP) are aware there are two primary certifications that have been and will be made with respect to their PPP loan. To receive the loan, borrowers had to make a certification of need. As they apply for loan forgiveness, the certification of
“We don’t get fooled again!” are the lyrics and namesake of the 1970 song by Rock n’ Roll band The Who, and 50 years later, they are still words to live by in today’s chaotic environment. With all of the distractions brought on by the pandemic comes a golden