Does Your Business Qualify for Employee Retention Credits for 2020 and 2021?

by | Mar 23, 2022 | Accounting for Business, Accounting for Construction, Accounting for Credit Unions, Accounting for Health Clubs, Accounting for Medical, Accounting for NonProfits, Accounting for Not-For-Profit, Accounting for Pharmaceutical, Accounting for Small Business, Tax Accounting

Does Your Business Qualify for Employee Retention Credits for 2020 and 2021? The Employee Retention Credit (ERC) was enacted in the CARES Act in March 2020 and is a tax credit applicable to employment taxes. It is a refundable credit for qualifying employee wages and...

Griffin & Furman Announces Promotions of Two Team Members

by | Jan 12, 2022 | Accounting for Credit Unions, Accounting for Local Government, Accounting for NonProfits, Accounting for Not-For-Profit, Accounting for Small Business, Tax Accounting

Griffin & Furman Announces Promotions of Two Team Members We are pleased to announce the promotion of two of our team to new management positions. At Griffin & Furman we strive to promote from within as a commitment to our staff, and in recent weeks we...

How Do I Apply for PPP Loan Forgiveness?

by | Nov 22, 2021 | Accounting for Business, Accounting for Credit Unions, Accounting for NonProfits, Accounting for Not-For-Profit, Accounting for Small Business, Tax Accounting

How Do I Apply for PPP Loan Forgiveness? The Paycheck Protection Program (PPP) is a Small Business Administration (SBA) loan program created in March 2020.  in January 2021, the SBA updated the PPP loan program’s repayment forgiveness guidelines. Under the PPP,...

Louisiana State Tax Filing Relief Due to Winter Storms

by | Mar 25, 2021 | Accounting for Business, Accounting for Construction, Accounting for Credit Unions, Accounting for Health Clubs, Accounting for Labor Unions, Accounting for Local Fire Districts, Accounting for Medical, Accounting for NonProfits, Accounting for Not-For-Profit, Accounting for Pharmaceutical, Accounting for Small Business, Accounting for State Retirement Systems, Tax Accounting

Louisiana State Tax Filing Relief Due to Winter Storms State tax filing for the 2020 tax year and payment extensions have been automatically granted by the Secretary of the Louisiana Department of Revenue.   Tax returns and payments for the 2020 income tax year...

Federal Tax Relief for Louisianians Affected by Winter Storm

by | Mar 18, 2021 | Accounting for Business, Accounting for Construction, Accounting for Credit Unions, Accounting for Health Clubs, Accounting for Labor Unions, Accounting for Local Fire Districts, Accounting for Local Government, Accounting for Medical, Accounting for NonProfits, Accounting for Not-For-Profit, Accounting for Pharmaceutical, Accounting for Small Business, Accounting for State Retirement Systems, Tax Accounting

Federal Tax Relief for Louisianians Affected by Winter Storm Louisiana residents and business owners affected by the recent winter storms, February 11-19, 2021, now have until June 15, 2021, to file various Federal individual and business tax returns and make tax...

4 Things Our Credit Union Auditors Have Learned From the Covid-19 Pandemic

by | Mar 8, 2021 | Accounting for Credit Unions, Accounting for Not-For-Profit, Assurance Accounting, Audit Accounting, Business Consulting

4 Things Our Credit Union Auditors Have Learned From the Covid-19 Pandemic At this time last year, 2020, we were at the very beginning of the pandemic quarantine period, and we had no idea what the upcoming months had for us.  Every Credit Union has felt a significant...

1099s

by | Mar 9, 2020 | Accounting for Business, Accounting for Construction, Accounting for Health Clubs, Accounting for Labor Unions, Accounting for Local Fire Districts, Accounting for Local Government, Accounting for Medical, Accounting for NonProfits, Accounting for Not-For-Profit, Accounting for Pharmaceutical, Accounting for Small Business, Tax Accounting

1099s A new year brings an opportunity for a fresh start to your business accounting practices.  Something that is often over-looked by small businesses is the preparation of Forms 1099. While there are several different Forms 1099, this article will focus on the most...