Update: Claim ERC and receive PPP loans!

An update from our friends at BDO – CARES Act Employee Retention Credits for Nonprofits, retroactive to March 12,  2020. One way to continue to pursue your organization’s objectives is to ensure that you can still function, even if only in a limited capacity. Nonprofits were supported with the CARES Act in March 2020, which includes the… Read More

CPA, Tax Preparer, Bookkeeper: What’s the Difference?

Whether you’re starting a business or have been in business for years, you may have asked yourself this question at least once during your career: “CPA, Tax Preparer, Bookkeeper: What’s the Big Difference?” Wegmann Dazet Senior Tax Manager Richard Tullier discusses the difference amongst the three. People use these terms interchangeably, but the difference can… Read More

Like-Kind (1031) Exchanges Update

Like-Kind exchanges, more commonly known as 1031 exchanges, have long been used to defer taxes when “trading” assets. Melissa Chauvin provides an update and can help you with rule changes made to like-kind (1031) exchanges. Tax  deferrals with like-kind (1031) exchanges had been available for use on vehicles, equipment and real property. With the passing… Read More