by PPCI | Oct 24, 2022 | Loans
How do you report your PPP Loans when they are forgiven? Enacted through the CARES Act, on March 27th, 2020, as a response to the COVID-19 pandemic’s effect on small businesses, the Paycheck Protection Program, PPP, has helped many businesses keep their workforce...
by PPCI | Jun 8, 2022 | Taxes
“The 2019 Tax filing season left many taxpayers unhappy when filing their 2018 tax returns. Many people who typically received refunds in prior years found that their refund was much smaller, and in some cases had an amount due. As a result, the IRS has issued a new...
by PPCI | Jun 8, 2022 | Internal Controls
Without properly understanding controls, an auditor may not identify risks associated with the client’s internal controls and therefore may not design and implement appropriate responses. By analyzing the results of hundreds of peer reviews, we have detected...
by PPCI | Jun 8, 2022 | Uncategorized
Storing tax records: How long is long enough? Federal law requires you to maintain copies of your tax returns and supporting documents for three years. This is called the “three-year law” and leads many people to believe they’re safe provided they...
by PPCI | Jun 8, 2022 | Uncategorized
The integration of accounting, auditing, and investigative skills yields the specialty known as forensic accounting. Forensic accounting encompasses both litigation support and investigative accounting. Forensic accounting provides and accounting analysis that is...