Paycheck Protection Program and Other Financing Options
Posted by Sarah Russell on March 27, 2020
Sarah Russell
The CARES Act provides many benefits, including the Paycheck Protection Program. As promised, here is our detailed analysis of what the program entails.
Read more
CARES Act: Largest Stimulus Package in U.S. History!
Posted by Sarah Russell on March 27, 2020
After days of Congressional negotiations, the President signed the CARES Act, the largest stimulus package in U.S. history. Below is an overview of the provisions included in the package...
Read more
New COVID-19 Stimulus Package Results in 5 Key Action Steps
Posted by Sarah Russell on March 27, 2020
To help navigate the myriad business disruptions caused by COVID-19, Congress has been busy working on a Stimulus package to help taxpayers. For a deep dive into those topics, please see our article on the Summary of Cares Act.
Read more
Coronavirus Stimulus – Where do we Stand Today?
Posted by Sarah Russell on March 23, 2020
As mentioned in recent days, things are changing fast in the wake of Covid-19. There is a lot of information out there, which makes it difficult for business owners to make informed decisions.
Read more
Treasury Extension Revisions
Posted by Sarah Russell on March 22, 2020
As the Coronavirus numbers move fast, so does the Treasury Department! On Friday, March 20 the Treasury revised the previous guidance issued.
Read more
2020 IRS Tax Filing Deadline Extended – 3.20.20 Update
Posted by Sarah Russell on March 21, 2020
Treasury Secretary Mnuchin announced the IRS has moved the tax filing deadline from April 15 to July 15 to allow taxpayers more time to prepare filings and pay income taxes owed.
Read more
Treasury Announces 90-Day Extension
Posted by Sarah Russell on March 18, 2020
Yesterday we let you know the Treasury has announced they were providing a 90-day extension of time to pay taxes owed for many taxpayers. Today the IRS has provided some guidance as to what was included in the extension.
Read more
Coronavirus: Families First Response Act
Posted by Sarah Russell on March 18, 2020
Coronavirus has affected almost all facets of life. The stock market has plummeted, schools have closed, church services have been canceled or are being live-streamed, sporting events and concerts are canceled, travel is restricted, and toilet paper has become a scarce commodity.
Read more
Top Considerations for System Integrators with the Tax Cuts and Jobs Act
Posted by Sarah Russell and Timothy Finerty on May 1, 2019
With the change in tax law, and key court decisions in the past few years, there has never been a better time to reevaluate your ability to qualify and utilize the R&E tax credit.
Read more
Research & Experimentation Funding for Control Groups
Posted by Sarah Russell and Tim Finerty on January 2, 2019
A common misconception about the Research and Experimentation Tax Credit for Increasing Research Activities (hereinafter the R&E Credit) arises when control group members share expenses related to qualified research activities; and when the ultimate user or decision maker is not the same entity who conducted the research activities.
Read more
Clayton & McKervey shareholder to moderate panel at Integr8™ Industry 4.0 conference on Nov. 9 in Detroit
Posted by Clayton & McKervey and Sarah Russell on October 27, 2017
Clayton & McKervey, an international certified public accounting and business advisory firm located in metro Detroit, announced that shareholder Sarah Russell, CPA, will be a …
Read more
Maximizing Tax Savings for System Integrators & Automation Companies
Posted by Tim Finerty and Sarah Russell on June 8, 2016
Clayton & McKervey Shareholders Tim Finerty and Sarah Russell hosted a webinar, "Maximizing Tax Savings for System Integrators & Automation Companies," produced by the Robotic Industries Association (RIA). The presentation discussed recent changes in legislation and the current eligibility requirements for companies interested in benefitting from R&E tax credits.
Read more
Our team is always ready to help.
Please contact us for more information.