Robison Gary Johnson & Associates
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General Information
Locality: Oklahoma City, Oklahoma
Phone: +1 405-507-3905
Address: 14220 Barbour Avenue 73134 Oklahoma City, OK, US
Website: www.robisongary.com
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Reminderthat the Employer Retention Credit has been extended AND expanded for 2021. It is a payroll credit for keeping employees and we expect many to qualify. To learn more and see if you qualify click the link below https://content.govdelivery.com/accoun//bulletins/2bd3899
As we approach the holiday season and have many opportunities to help those in need, remember that the CARES Act instituted a new $300 above-the-line deduction for charitable donations. If you don't itemize deductions, this is a nice way to deduct at least a portion of charitable contributions. It is only available for cash contributions and the $300 limit is per return (i.e., a married filing joint couple still only gets the $300 max).
Yesterday, POTUS signed an executive order that included a payroll tax holiday. This would reduce the amount of payroll tax taken out of qualifying paychecks (potentially up to the full 7.65% FICA). Stay tuned for further updates as there are several caveats to this, as well as potential for another round of stimulus. taxgirl https://www.forbes.com//despite-questions-president-trump/
The SBA has now updated the PPP loan forgiveness application and has also created a new EZ application as well. The EZ application is another move in the right direction. See the links below for the application #PPP #SBA https://content.sba.gov//PPP%20Forgiveness%20Application%2 https://content.sba.gov//PPP%20Loan%20Forgiveness%20Applic
If you find yourself using more Apps these days, consider checking out the IRS app. You can check your refund and make estimated payments right from your phone. https://bit.ly/2AridTp
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