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Two Month Extension for PPP Loans

On March 30, 2021, President Biden signed HR 1799—the PPP Extension Act of 2021. This bill extends the timeframe to apply for PPP Round 1 and PPP Round 2 loans from the original deadline of March 31 to May 31, 2021. Lenders have until June 30, 2021 to approve loans....

American Rescue Plan Act of 2021

Summary of American Rescue Plan Act of 2021 for Individuals Below is a summary of the American Rescue Plan for Act 2021 (H.R. 1319) for individuals. The bill was signed into law on 3/11/2021. Special information that may impact individuals who received unemployment in...
What is my refund status?

What is my refund status?

Do you want to see the current status of your refund? See the links below. Internal Revenue ServiceMinnesota RevenueWisconsin Department of RevenueNorth Dakota Tax StatusIowa Department of RevenueCalifornia Franchise Tax Board Most of the state links will require you...
How long should I keep my tax returns?

How long should I keep my tax returns?

This is a question we hear often. For the vast majority of our clients, they will want to keep the past three years of tax returns. There are some special situations where it can make sense to hold onto them longer, but they won’t apply to most. Below is great...