New Corporate Transparency Act deadline: What motorcoach businesses need to do
Businesses must file beneficial ownership details by March 21. Tracy Fickett explains what motorcoach companies need to do to avoid penalties.
NAMO conference combines industry insights and historic exploration at Niagara Falls
NAMO’s annual conference brought motorcoach operators together in Niagara Falls, New York, for networking, education, and historic tours, fostering industry collaboration.
Tax tips: Getting compensation classification right
When it comes to compensation classification and taxes, it’s important to get it right.
Most passenger transportation companies compensate workers as employees. During COVID, it…
It is not too late to claim ERC for your business – what you need to know
IRS definition: A start-up recovery business is a business that started on or after Feb. 15, 2020.
Those businesses may still be eligible for employee…
Reporting PPP forgiveness for income taxes
With all this talk about forgiveness, you would think we all did something wrong. That is certainly not the case! Thankfully, most of you who…
Treasury guidance expands list of eligible CERTS expenses
The U.S. Treasury Department seems to be nearing the end of the CERTS grant application approval process. Most of the recipients have received their initial…
Why PPP recipients should rethink Employee Retention Credit
The Employee Retention Credit — ERC tax credit — was not available to you in 2020 if you took Paycheck Protection Program…
Used bus sales stall due to lack of reliable pricing, industry slow down
Used bus sales have stalled as the motorcoach industry remains mired in a pandemic-induced slowdown, with some operators who are trying to sell their buses…
PPP forgiveness? What you need to know to apply
PPP forgiveness is a hot topic for small businesses these days. While the Small Business Administration started accepting PPP forgiveness applications in August, it just…
PPP loan forgiveness — what you need to know
Tracy Fickett has successfully paired her love of accounting with her passion for the motorcoach industry.
Her mom, Elaine Fickett, and sister, Jody Merritt, operate…