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Tag: Tracy Fickett

It is not too late to claim ERC for your business – what you need to know

It is not too late to claim ERC for your business – what you need to know

March 20, 2022 | by Tracy Fickett |

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

Reporting PPP forgiveness for income taxes

March 11, 2022 | by Tracy Fickett |

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…

IRS lowers 1099-K reporting threshold for Venmo, other apps

IRS lowers 1099-K reporting threshold for Venmo, other apps

January 27, 2022 | by Tracy Fickett |

If your business receives funds through Venmo, Cash App, PayPal or similar payment processors, you should be aware that the reporting requirements have been lowered. 

…

Everything you need to know about filing 1099s for your business

Everything you need to know about filing 1099s for your business

January 20, 2022 | by Tracy Fickett |

The New Year brings your business fresh opportunities. It also demands annual compliance and information reporting. January requires your accounting department to prepare a handful…

What to know about CERTS compliance reporting

What to know about CERTS compliance reporting

December 31, 2021 | by Tracy Fickett |

The Treasury Department has issued some guidance on Coronavirus Economic Relief for Transportation Services (CERTS) reporting. The first report for how you spent CERTS funds…

Treasury guidance expands list of eligible CERTS expenses

Treasury guidance expands list of eligible CERTS expenses

September 23, 2021 | by Tracy Fickett |

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…

Finally! Motorcoach operators begin receiving notice of CERTS grant funding

Finally! Motorcoach operators begin receiving notice of CERTS grant funding

August 12, 2021 | by Bus & Motorcoach News |

The timing couldn’t have been much better. As Thursday’s United Motorcoach Association Town Hall began, more than a dozen operators were reporting they had just…

What you need to know after your CERTS grant is approved

What you need to know after your CERTS grant is approved

August 11, 2021 | by Tracy Fickett |

Many of you may have already received notice that your company’s CERTS grant application has been approved. Some of your applications may still be in…

New PPP formula for the self-employed

New PPP formula for the self-employed

March 24, 2021 | by Tracy Fickett |

There is a new Paycheck Protection Program (PPP) formula for business operations that report their taxes on a Schedule C with their personal tax returns.

…

Why PPP recipients should rethink Employee Retention Credit

Why PPP recipients should rethink Employee Retention Credit

February 9, 2021 | by Tracy Fickett |

The Employee Retention Credit — ERC tax credit — was not available to you in 2020 if you took Paycheck Protection Program…

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The Latest from Bus & Motorcoach News

  • Mayo Tours sees outpouring of industry support after fire August 7, 2022
  • Flix North America launched to oversee FlixBus and Greyhound August 7, 2022
  • The habits that build successful businesses in the motorcoach industry  August 7, 2022
  • Southern operators celebrate pandemic survival with zombie fun August 7, 2022
  • Biden’s infrastructure law boosts investment in CDL programs August 6, 2022

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