When stay at home orders begin to expire, businesses will start opening back up, but they will not look the same way as in pre-Covid-19 times. While this may be a step in the right direction, the Covid-19 pandemic will change how businesses will operate for the foreseeable future. Every business will need to adjust… Continue reading Back to Business, But Not as Usual
Month: April 2020
KRD Receives Time and Talent Public Service Volunteerism Award
Our firm is honored to receive this incredible award from the Illinois CPA Society.
How to Set Goals and Make Them Happen
Work stress is common, and in fact, a little bit of it isn’t such a bad thing. A little bit of stress can help you stay focused. Do you know what you want to accomplish by the end of the day? Or in 5 years? If you want to succeed, you need to set goals.… Continue reading How to Set Goals and Make Them Happen
Families First Act – Changes Affecting Small Business Employers
Disclaimer: This article will provide a broad overview of this act. Be sure to consult with legal experts to fully understand how this legislation affects your business.
KRD Spotlight – Outsourced HR Services
KRD Adds a Valued-Added Offering to Better Serve Our Clients – Outsourced Human Resource Services
Succession Planning – Options and Issues to Consider
You have worked most of your life to grow your business. Now in your golden years how do you transfer the business to monetize your investment?
The CARES Act, Retirement Funds & RMDs: What You Need to Know
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides relief designed to increase liquidity in the economy including modifications to the rules on the use and distribution of retirement funds.
IRS Extends More Tax Deadlines
Due to the coronavirus pandemic, the Department of Treasury and the IRS announced on April 9, 2020 that key deadlines for individuals and businesses have been extended (Notice 2020-23).
Tax Planning Spotlight: Qualified Small Business Stock
Foreign nationals looking to start a business in the United States often find that operating as a C Corporation is most desirable. One of the benefits of becoming a C Corporation is that they can issue Qualified Small Business Stock (QSBC). A QSBC is a U.S. C Corporation that upon sale, can have a 100%… Continue reading Tax Planning Spotlight: Qualified Small Business Stock
Congress May Deliver More Money to Paycheck Protection Program (PPP)
Congress is anticipated to send $250 billion more to small businesses by the end of the week.