All posts by Frank Holzenthal, CPA, CGMA

About Frank Holzenthal, CPA, CGMA

Frank has tax experience both from the industry side and in public accounting, and he has practiced over 40 years in a variety of roles.

New ERC Guidance Issued by the IRS

The long awaited guidance of the Employee Retention Credit has finally been released.  Wegmann Dazet’s Frank Holzenthal, CPA summarizes the new ERC guidance issued by the IRS. The first section of the new ERC guidance issued gives guidance on provisions related to the ERC for the 3rd and 4th quarters of 2021, and the second… Read More

Changes to Net Operating Losses

There are benefits to taking advantage of net operating losses (NOLs) for business and individuals, and here Frank Holzenthal summarizes the recent IRS guidance to the NOL changes and important dates to consider. The CARES Act includes changes to the tax treatment of NOLs, which occur when tax deductions exceed its taxable income within a… Read More

Looking Forward? How about a Carryback

TIME TO LOOK BACK – a Carryback for Cash During these financially challenging times, many of us are looking forward to days of normalcy. But Wegmann Dazet’s Frank Holzenthal says maybe you should be looking back! That’s correct; in fact, the CARES Act allows you the opportunity to get some much needed cash in your… Read More

Tax Provisions of the CARES Act

We read CARES, so you don’t have to! From individual stimulus checks to employer payroll taxes, and from retirement account withdrawals to alcohol excise taxes, Wegmann Dazet’s Frank Holzenthal provides an important summary of TEN federal tax benefits resulting from the recently passed Coronavirus Aid, Relief, and Economic Security (“CARES”) Act.   Economic Stimulus Payments… Read More