For years, experts have been saying that everyone - including average citizens - needs to have some type of emergency fund in place to help them get through any "rainy days" that may lie ahead. The advice usually varies depending on the source,…
https://www.islernw.com/wp-content/uploads/2020/04/Creating-an-Emergency-Fund-to-Help-You-Weather-a-Storm-Like-COVID-19.jpg300833IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2020-04-23 03:05:002020-04-23 03:05:00Creating an Emergency Fund to Help You Weather a Storm Like COVID-19
To encourage charitable contributions to deserving qualified charities during these trying times, Congress has relaxed some of its restrictions related to how much a taxpayer can deduct as a charitable contribution in any given year.
Under…
https://www.islernw.com/wp-content/uploads/2020/04/991571p1978EDNmainimg-cda_urge_congress.png520991IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2020-04-19 20:39:452020-04-19 20:39:45Congress Makes Charitable Giving Easier During the COVID-19 Crisis
As part of the stimulus package to help offset the financial damage inflicted on businesses as a result of the COVID-19 crisis, Congress restored the ability of businesses that suffer a loss to carry those losses back and recover taxes paid…
https://www.islernw.com/wp-content/uploads/2020/04/Businesses-Score-Big-Tax-Benefits-with-the-CARES-Act.jpg300833IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2020-04-15 22:14:142020-04-15 22:14:14Businesses Score Big Tax Benefits with the CARES Act
The IRS is planning to create a new, online portal called “Where’s My Economic Impact Payment” where people can obtain details about their payment from the economic stimulus package and also provide their banking information.
Background
After…
https://www.islernw.com/wp-content/uploads/2020/04/Track-Your-Economic-Impact-Payment-in-the-New-IRS-Portal.jpg300833IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2020-04-10 02:48:352020-04-10 02:48:35Track Your Economic Impact Payment in the New IRS Portal
To help businesses retain employees and keep them employed during the COVID-19 crisis, Congress has provided a refundable employer retention credit available to all qualifying employers regardless of size, including tax-exempt organizations.
To…
https://www.islernw.com/wp-content/uploads/2020/04/Tax-Credit-Pays-for-Keeping-Employees-on-Payroll.jpg300833IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2020-04-08 04:28:182020-04-08 04:28:27Tax Credit Pays for Keeping Employees on Payroll
Among the hardest hit during the coronavirus epidemic are the small businesses that have lost their revenue sources and do not have the financial resources to weather the storm. In this case, the federal government’s SBA (Small Business Administration)…
https://www.islernw.com/wp-content/uploads/2020/04/Stimulus-Legislation-Includes-SBA-Loan-Forgiveness.jpg300833IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2020-04-04 06:12:132020-04-04 06:12:13Stimulus Legislation Includes SBA Loan Forgiveness
CDC Guidelines
Practice social distancing – keep a minimum of 6 feet a part
Wash hands often, with soap – for 20 seconds minimum
Use hand sanitizer only if soap and water are not available
Don’t touch your face
Say home if you are…
To our valued clients and friends,
Things are changing by the day as governments continue grappling with ways to provide relief during the Coronavirus Pandemic. Please see below for updates on various taxing jurisdictions:
State of Oregon
Except…
https://www.islernw.com/wp-content/uploads/2020/03/COVID-19-Announcement-Blog-Header.png350833IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2020-04-02 03:32:022020-04-10 02:24:22Update on Portland and Oregon Tax Deadlines
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides…
https://www.islernw.com/wp-content/uploads/2020/03/COVID-19-Announcement-Blog-Header.png350833IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2020-04-02 03:18:432020-04-10 01:58:30Payroll Protection Plan Infographic
The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.
Fully Forgiven
Funds are provided…
https://www.islernw.com/wp-content/uploads/2020/03/COVID-19-Announcement-Blog-Header.png350833IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2020-04-02 01:25:002020-04-03 03:04:58Small Business Paycheck Protection Program
Creating an Emergency Fund to Help You Weather a Storm Like COVID-19
COVID-19, SavingsCongress Makes Charitable Giving Easier During the COVID-19 Crisis
CARES Act 2020Businesses Score Big Tax Benefits with the CARES Act
Business, CARES Act 2020Track Your Economic Impact Payment in the New IRS Portal
2020 Stimulus Package, CARES Act 2020Tax Credit Pays for Keeping Employees on Payroll
Business, COVID-19Stimulus Legislation Includes SBA Loan Forgiveness
2020 Stimulus Package, CARES Act 2020COVID-19 Guidelines & Rules
COVID-19Update on Portland and Oregon Tax Deadlines
CARES Act 2020, COVID-19Payroll Protection Plan Infographic
COVID-19Small Business Paycheck Protection Program
COVID-19