Economic Impact Payments and How to Track Them

We have been receiving an overwhelming amount of questions this week surrounding Economic Impact Payments, so we wanted to send out an informative post to address some of these concerns. At Prinzo & Associates, the only assistance we can currently offer surrounding EIPs is to help you determine your eligibility based on data from your

economic impact payments, how to track economic impact payments, how to track IRS payments, how to track stimulus check, track stimulus check
Posted by pr1nz04550c14t35 / Posted on 16 Apr / 0 Comments

SBA Loan Options for Small Businesses

As the Covid-19 pandemic continues to make its way through our country, many small businesses have been forced to altar and even close their physical operations. In an effort to support local small businesses, the SBA has made available several options for small businesses to gain financial help during these unprecedented times. Some of these

coronavirus, COVID-19, spa loans
Posted by pr1nz04550c14t35 / Posted on 07 Apr / 0 Comments

2019 Tax Filing Deadline – EXTENDED

As of March 20th, the tax deadline has officially been extended to 7/15. Effective immediately, our office will be shut down until Governor Wolf deems it safe to reopen business as usual. We will be experiencing delays in tax filings, but please be aware we now have until 7/15 to file without penalty. Please email

Posted by pr1nz04550c14t35 / Posted on 25 Mar / 0 Comments

COVID-19 Relief for Small Businesses Available NOW

While Congress works to overcome political hurdles in passing promised COVID-19 relief for individuals, families, and small business, the rest of us are drowning in uncertainty. We’ve take many calls from clients who need immediate relief and aren’t sure where to begin. Here are a few of the relief options that are available now: Pennsylvania

Paid Leave, Payroll Tax Credits, SBA, Unemployment
Posted by pr1nz04550c14t35 / Posted on 23 Mar / 0 Comments

COVID-19

At Prinzo & Associates, we are a team of professionals dedicated to affecting positive change in the lives of our clients. The COVID19 crisis arrived in the peak of our busiest season. When the Commonwealth of Pennsylvania ordered all non-essential businesses to cease physical operations, we transitioned to a remote work structure (CPA firms were

COVID-19
Posted by pr1nz04550c14t35 / Posted on 23 Mar / 0 Comments

Overview of the business tax changes in the Tax Cuts and Jobs Act (“TCJA”)

Overview of the business tax changes in the Tax Cuts and Jobs Act (“TCJA”) The recently enacted Tax Cuts and Jobs Act (“TCJA”) is a sweeping tax package. Here’s an overview of some of the more important business tax changes in the new law. Unless otherwise noted, the changes are effective for tax years beginning

Posted by pr1nz04550c14t35 / Posted on 11 Jan / 0 Comments

Overview of the foreign tax provisions in the Tax Cuts and Jobs Act (“TCJA”)

Overview of the foreign tax provisions in the Tax Cuts and Jobs Act (“TCJA”) Here’s a look at some of the more important elements of the new tax law that have an impact on foreign taxation. In general, they are effective starting in 2018. Deduction for foreign-source portion of dividends. The new law provides a

Posted by pr1nz04550c14t35 / Posted on 11 Jan / 0 Comments

Overview of provisions of the Tax Cuts and Jobs Act (“TCJA”) affecting individuals

Overview of provisions of the Tax Cuts and Jobs Act (“TCJA”) affecting individuals The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Here’s a look at some of the more important elements of the new law that have an impact on individuals. Unless otherwise noted, the changes are effective for

Posted by pr1nz04550c14t35 / Posted on 11 Jan / 0 Comments

Overview of the provisions in the TCJA on partnerships, S corporations, and pass-through income

Overview of the provisions in the TCJA on partnerships, S corporations, and pass-through income Here’s a look at some of the more important elements of the new tax law that have an impact on partnerships, S corporations, and pass-through income. In general, they are effective starting in 2018. New deduction for pass-through income. The new

Posted by pr1nz04550c14t35 / Posted on 11 Jan / 0 Comments

Overview of the retirement plan changes in the Tax Cuts and Jobs Act (“TCJA”)

Overview of the retirement plan changes in the Tax Cuts and Jobs Act (“TCJA”) Here’s a look at some of the more important changes in the TCJA that affect retirement plans. Except with regard to the disaster-related provisions (which contain special effective dates), the changes are effective for tax years beginning after 2017. Recharacterization of

Posted by pr1nz04550c14t35 / Posted on 11 Jan / 0 Comments