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IRS Tips to help people choose a reputable tax preparer

The IRS in their Tax Tip 2020-14 communication provided some tips to choose a reputable tax preparer. Check the preparer's qualifications. People can use the IRS Directory of Federal Tax Return Preparers with Credentials and Select Qualifications. This tool helps taxpayers find a tax return preparer with specific qualifications. The directory is a searchable and sortable listing

By |2021-02-07T19:20:59+00:00February 7th, 2021|Categories: Business, Individuals|Tags: , , , , |

PPP loan forgiveness rejection? SBA offers guidance (Representation limited to attorneys)

As included in our previous post https://ggcpaservices.com/blog/faq-on-ppp-loan-forgiveness-first-release/, the SBA is offering guidance in the loan forgiveness process, which includes the scenario of rejection of the PPP forgiveness. In many cases, the PPP application was prepared by CPAs, EAs, bankers, consultants and other business professionals. These professionals are already aware of the PPP application, support provided with

By |2021-01-05T10:48:18+00:00August 18th, 2020|Categories: Business|Tags: , , , , |
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