Tuesday, June 2nd, 2020, ADKF, CPAs hosted part II of a Live Webinar over Paycheck Protection Program (PPP) Loan Forgiveness. You will find below, a list of the most frequently asked questions from the webinar. Click on the question youre interested in to find the answer. Disclaimer: ADKF is not responsible for any errors or … Read more
Dafne Ramirez is currently enjoying her internship with our Personal Service Department while completing her master’s degree at the University of Texas at San Antonio (UTSA). She and her family moved to the United States in 2001, where she grew up and graduated from Winston Churchill High School in 2013. After high school, she wasn’t … Read more
We are excited to welcome our new Receptionist, Jessica Haverly, to our ADKF Family. Jessica moved to San Antonio from Houston, only three weeks ago! We are so lucky she found us first thing! She’s settling in, and spending her downtime cuddling her four-month-old kitten, Moe, and reading Don Miguel’s, The Four Agreements. Welcome, Jessica! … Read more
A basketful of tax breaks that either expired last year or were scheduled to end before 2020 have been brought back to life, courtesy of Congress. Lawmakers packed end-of-year appropriation bills with these extenders. MORTGAGE INSURANCE If you qualify by income, you may be able to deduct mortgage insurance premiums for your principal residence on … Read more
Times have changed. We have all had to adjust to the “new normal” that COVID 19 has brought. We at ADKF, like so many others, have been working from home and coping with the challenges it brings. ADKF went from one remote employee, auditors at the clients’ office, and a few that worked from satellite … Read more
Some business owners establish a plan to sell their business as they are setting it up, while others plan to never let their business go. Regardless of what side of the spectrum you are on, it is important to know how much your company is worth at any given point in time. It is also … Read more
On Friday the Small Business Administration (SBA) in consultation with the Department of the Treasury released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act … Read more
The SBA recently updated their FAQs and issued another interim final rule which provides additional guidance on the certification of need “safe harbor” and makes available additional loans for certain partnerships and seasonal employers. Safe Harbor for the Certification of Need Under FAQ 47, borrowers that received a PPP (Paycheck Protection Program) loan and later … Read more
Enter Phase 4 of the Stimulus Package Apprehensions continue to grow as the economic impact of COVID-19 rattles across the world. We already have the CARES Act and the Paycheck Protection Program (PPP) loan, now the House is setting up the next circulation of legislation to help families and small businesses persevere. Although it is … Read more
