The Consolidated Appropriations Act of 2021 (Act), signed into law on December 27, 2020, contains significant enhancements and improvements to the Employee Retention Credit (ERC). The ERC, which was created by the CARES Act on March 27, 2020, is designed to encourage employers (including tax-exempt entities) to keep employees on their payroll and continue providing health benefits during the coronavirus pandemic.
It is with mixed emotions that we announce the retirement of Paul Gilligan, effective December 31, 2020. Paul has led our tax department for the last twenty years and has brought his technical expertise and creativity to our clients.
After 42 years in public accounting, I have decided to retire at the end of this year. It has been a long journey and I am quite comfortable with my decision.
What Do You Need to Know About Year-End Tax Planning in Today’s Post-Election, Covid-19 Environment? A possible presidential victory for Joe Biden combined with a Democratic majority in the Senate might result in tax increases in 2021 for higher-income individuals, corporations, investors, and estates.
Congratulations to John Reardon, our Manager of Consulting Services. John was recently awarded the Accredited in Business Valuation (ABV) credential by the American Institute of Certified Public Accountants (AICPA). The ABV credential, established in 1998 by the AICPA, is granted to qualified CPAs with considerable professional experience in business valuation.
Are you thinking of using a valuation calculator for your business needs? It may actually end up costing you money. Learn why having your business valuation performed by a Certified Valuation Analyst (CVA) can save you money and headaches.
Stowe & Degon LLC is pleased to announce the appointment of Kevin Kane to the position of Director of Business Development. He brings over 35 years of experience across corporations, financial institutions, and non-profit organizations.
Stowe & Degon LLC is pleased to announce the appointment of Paul McGrath to the position of Partner with the Firm. Paul’s primary focus areas are auditing and taxation. He has over 40 years of experience working with clients from small and medium sized organizations.