by KNSS | Nov 3, 2020 | 2020 November
Did you recently receive a notice from one of the agencies below? If so, we’ve detailed below what steps you need to take. Notice from Dept. of Family and Medical Leave Health Insurance Responsibility Disclosure from MA Dept of Revenue MA DUA Tax Notices Fraudulent...
by KNSS | Nov 2, 2020 | 2020 November
Most years, the government bumps up the maximum Social Security taxes that you can pay. For 2021, the maximum wage base jumps to $142,800, an increase of $5,100, or 3.7%, over the max of $137,700 that was in place for 2020. At a rate of 6.2%, the maximum Social...
by KNSS | Nov 2, 2020 | 2020 November, COVID Misc Practices, COVID-19
As we posted last month, the HHS announced that additional Provider Relief Funds are available to healthcare professionals. You can read that post at: https://schwartzaccountants.com/2020/10/hhs-announces-additional-provider-relief-funds-application-due-11-6/. Phase-3...
by KNSS | Nov 2, 2020 | 2020 November, COVID Misc Practices, COVID-19
According to information available at: https://www.empoweringsmallbusiness.org/covid-19-response/covid-19-grants-massachusetts-small-businesses , the Commonwealth of Massachusetts has made $50.8 million in grants available to support small businesses,...
by KNSS | Nov 2, 2020 | 2020 November
Are you ready to say goodbye to 2020? With a little tax planning, you can ensure you leave 2020 on the best financial note possible. Join Rick Schwartz, CPA, as he highlights important steps you can take before December 31st to lower your tax liabilities. Rick will...
by KNSS | Nov 2, 2020 | 2020 November, Practice resources
By Guest Writer: Stefan Zelich, Broker, CARR Healthcare Every landlord is different. Same goes for every deal too. We’ve seen some landlords give concessions we typically wouldn’t, whiles others are now willing to budge off their pre-Covid pricing. How to approach a...
by KNSS | Nov 2, 2020 | 2020 November
Last month, the IRS announced the cost of living adjustments applicable to the various retirement plan limitations for 2021. Unfortunately, the bulk of the retirement savings limits don’t increase from 2020 levels. Many practice owners set up a 401k plan as their...
by KNSS | Oct 26, 2020 | 2020 October newsletter, COVID Misc Practices, COVID-19
According to information available at MGCC: the Commonwealth of Massachusetts has made $50.8 million in grants available to support small businesses, microenterprises, and their employees, families and communities. Massachusetts Growth Capital Corporation (MGCC) will...
by KNSS | Oct 26, 2020 | 2020 October newsletter
Please be aware of a brand new scam involving people impersonating the Small Business Association. The imposters claim to be conducting “site visits” on behalf of the SBA in connection with PPP and EIDL loans taken by most small business owners since...
by KNSS | Oct 26, 2020 | 2020 October newsletter
It’s a sad state of affairs in our country when scammers are preying on each state’s unemployment funds. We first posted info on this big problem a few months ago at:...
