4 Common Tax Surprises
We've all been there. It's tax time and a surprise comes up that you [...]
Is Your Business Eligible for the Employee Retention Credit?
The Employee Retention Credit (ERC) was originally enacted by the CARES ACT on March [...]
Organizing Your Documents for a Successful Tax Return
If you are like most individuals, you wait until tax time to start putting [...]
Bringing Back the 1099-NEC Form in 2020
New year, new tax forms. This year the IRS has brought back the 1099-NEC form [...]
New PPP Applications Now Available!
New Paycheck Protection Program (PPP) borrower applications are now available! The SBA has released two [...]
2020 Tax Plan – New Forms, Maximizing Deductions, & More
As the coronavirus pandemic has taken center stage in challenging all businesses, it is more [...]
COVID-19 Emergency Relief
On December 28th, 2020, President Trump signed the $2.3 trillion coronavirus relief and government funding [...]
PPP Round 2 – Changes, Additions & Who is Eligible
Yesterday, Congress overwhelmingly passed the latest COVID-19 relief bill. The bill contained both changes to [...]
2020 Year End Tax Planning
As 2020 comes to an end (finally!), we encourage our individual and business clients to [...]
Eder, Casella & Co. Promotes Ethan Poglese and Chase Blazier to Manager
MCHENRY, ILLINOIS (December 14, 2020) – Eder, Casella & Co., a full-service CPA, business consulting, [...]
Illinois Minimum Wage Increasing in January
We are all looking forward to 2021 and putting 2020 behind us! But the new [...]
PPP Forgiveness – Apply Now or Wait?
On September 10, 2020, the US Senate voted on an additional bill for coronavirus relief. It failed to pass the Senate.
Social Security Tax Deferral for Certain Employees – Is it Worth the Risk to Employers?
On August 8, 2020, President Trump signed an executive memorandum to stop withholding Social Security tax from certain worker paychecks and
Latest PPP Forgiveness Guidance
Recently, the Small Business Administration in conjunction with the Department of Treasury, released a revised PPP loan forgiveness applicat
Midyear Planning & The Tax Cuts and Jobs Act
As we reach the midpoint of 2018, it is an ideal time to review your finances as they relate to our newest tax laws. Although we tend to lo