4 min read
The Evolution of the Employee Retention Credit
The pandemic has adversely affected many sectors of the U.S. economy, causing widespread job losses. At the start of the national emergency, Congress...
Accounting and payroll resources for small business owners.
Easily filter through articles and find what you want to learn below.
4 min read
The pandemic has adversely affected many sectors of the U.S. economy, causing widespread job losses. At the start of the national emergency, Congress...
2 min read
The IRS has announced that the federal income tax filing deadline for individuals for the 2020 tax year is extended from April 15, 2021, until...
3 min read
Congress has passed the latest legislation aimed at providing economic and other relief from the COVID-19 Pandemic that has haunted the country for...
1 min read
Are you a business owner thinking about hiring? Be aware that a recent law extended credit for hiring individuals from one or more targeted groups....
3 min read
When one door closes, another opens. The COVID-19 pandemic has forced many small businesses to permanently shutter. But it has also provided new...
2 min read
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased by...
2 min read
Many business owners generate financial statements, at least in part, because lenders and other stakeholders demand them. You’re likely also aware of...
1 min read
TMA has worked with hundreds of small businesses and our team has nearly 200 years of combined professional experience.
1 min read
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2020. Keep in mind that this...
2 min read
If you’re a partner in a business, you may have come across a situation that gave you pause. In a given year, you may be taxed on more partnership...
2 min read
Looking for low or no-cost ways to bring a little fun into the workplace and tell your employees that you value them? Here are 10 ideas that might...
4 min read
The second half of 2020 has begun. What steps can small business owners take today to lower taxes for the current tax year? Alternatively, would it...
2 min read
The sudden shutdown of the economy in March because of the COVID-19 pandemic forced many businesses to rely more heavily on technology. Some...
2 min read
The extended federal income tax deadline is coming up fast. As you know, the IRS postponed until July 15 the payment and filing deadlines that...
2 min read
Visitors, please read: The Payroll Protection Program Flexibility Act (PPPFA) was signed into law on June 5, 2020. In general terms, the Act allows...
2 min read
Just last week, the Small Business Administration (SBA) announced that it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance...
2 min read
As you may recall, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) back in April to help companies reeling...
3 min read
Businesses across America that have been shut down due to the novel coronavirus (COVID-19) pandemic may now (or soon) have the option to reopen....
2 min read
Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s become feasible to...
1 min read
Visitors, please read: We have adopted a COVID‐19 Safety Action Plan consistent with the State of Indiana’s “Suggested Guidelines for Professional...
2 min read
As you may know, the President recently signed the Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, Relief and Economic Security...
2 min read
As businesses across the country grapple with the economic fallout from the novel coronavirus (COVID-19) pandemic, many must decide whether to...
4 min read
Employee retention credit for employers Eligible employers can qualify for a refundable credit against, generally, the employer’s 6.2% portion of the...
3 min read
Recovery rebates for individuals To help individuals stay afloat during this time of economic uncertainty, the government will send up to $1,200...
2 min read
The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations and make difficult decisions....
5 min read
Right now, your highest priority is the health of those you love and yourself. But if you have time to read about some non-medical but important...
In response to the coronavirus crisis, TMA is helping small business owners apply for SBA Disaster Loans. We have developed a process to help clients...
As a restaurant owner, you and your people provide a critical service in our community. Especially now, we want to extend our help.
2 min read
We are urging business owners to develop an aggressive plan to manage through this crisis. Below are ten important items to be considered in that...
3 min read
Last night, the President signed The Families First Coronavirus Response Act (FFCRA) into law. While the accounting profession is still learning the...
2 min read
We continue to monitor news regarding the government’s response to the COVID-19 outbreak and want to keep you updated on what we know now.