February 17, 2021

Employee Retention Credit Extended

In order to help trades and businesses retain employees and keep them employed during the COVID-19 crisis, the Coronavirus Aid, Relief, and Economic Security (CARES) Act […]
January 27, 2021

How Biden’s Rescue Plan Might Impact Your Taxes

President Biden released his “American Rescue Plan” on January 14th, 2021. The list consists of proposals he wants Congress to enact to address the COVID-19 pandemic […]
January 22, 2021

Congress Has Authorized the Second Round of PPP Loans

Congress passed, and President Trump signed, the Consolidated Appropriations Act, 2021. Included in its approximately 5,600 pages is the second draw of forgivable Paycheck Protection Program […]
January 12, 2021

The Consolidated Appropriations Act Opens the Employee Retention Credit up to PPP Borrowers!!

While all of us would rather forget and put 2020 behind us, the recent Act signed by the president made some retroactive changes to some of […]
December 30, 2020

Emergency COVID-19 Agreement Reached

After several months of the Republicans and Democrats not being able to agree on additional COVID-related tax relief and other matters, Congress configured much-needed legislation. The […]
December 2, 2020

Tax Planning Strategies for Small Businesses

If you are a small business owner, every penny of your income counts. This means that you not only want to optimize your revenue, but also […]
November 11, 2020

10 Tips for Better Budgeting

If you already have a budget, it’s probably been difficult for you to stick with it for the last several months. Unless you provide products and/or […]
November 2, 2020

The SBA Issues a Simplified PPP Loan-Forgiveness Application

If you are the owner of a small business that obtained a Paycheck Protection Program (PPP) loan, you are most likely aware that the loan can […]
October 16, 2020

Still Waiting for the IRS to Cash Your Check?

During the COVID-19 pandemic, the IRS has furloughed many of its employees or had them work from home to mitigate the spread of the virus. Many […]
October 7, 2020

Have You Planned for the Taxes on Your Unemployment Benefits This Year?

With the passage of the CARES Act stimulus package earlier this year, the federal government added $600 to the normal state weekly unemployment benefits and increased […]
September 11, 2020

Is the Temporary Deferral of Employee Payroll Tax Worth It?

September 5, 2020

I’ve Used My PPP Funds…Should I Apply for the Loan Forgiveness Now?

Now that most businesses have used or come close to using all their PPP funds, many are eager to begin submitting their applications for loan forgiveness. […]
June 10, 2020

Reopening Notice

Now that the stay at home order and restrictions on businesses are being lifted, HAS is re-opening our office on June 15, 2020. Our firm has […]
June 5, 2020

New Law Provides PPP Relief

On June 5, 2020, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law to further help small businesses affected by COVID-19. The goal of […]
May 27, 2020

SBA Releases Loan PPP Forgiveness Application and Additional Guidance

Recently the Small Business Administration (SBA) released the PPP Loan Forgiveness application and instructions and Interim Final Rule on Loan Forgiveness. While some questions still remain, […]
May 19, 2020

New Website Provides Helpful Recovery Resources for Businesses

As Michigan gradually begins lifting the stay-at-home order, “business as usual” will have become a thing of the past for both business owners and employees. Contemplating […]
May 1, 2020

Expenses Paid With Forgiven Portion of PPP Loan Are Not Deductible

The Paycheck Protection Program (PPP) Loans have drawn all types of struggling businesses during this COVID-19 crisis. The primary draw was the added provision of 100% […]
April 29, 2020
payroll-services-grand-rapids-mi-has-accounting

Paycheck Protection Program (PPP) Loan Forgiveness

Now that many business owners are past the stressful work of navigating the Paycheck Protection Program (PPP) application process, it seems like the hardest part is […]
April 11, 2020

Self-Employed, Other Newly Eligible Workers Can Apply for Unemployment on Monday, $600 Federal Payments Also Begin

Michigan’s self-employed workers, gig workers, 1099-independent contractors and low-wage workers affected by COVID-19 can apply for federal Pandemic Unemployment Assistance (PUA) beginning Monday, April 13 at […]
April 11, 2020

CARES Act – Employer Retention Credit

Another provision provided in the March 27th CARES Act to help businesses keep their employees on payroll is the Employer Retention Credit (ERC). The ERC provides […]
April 1, 2020

CARES Act – Student Loan Forgiveness

There has been some confusion as to what affect the CARES Act has on Federal student loans. Prior to the CARES Act, the president announced a […]
March 31, 2020

CARES Act – Funding Programs for Businesses

Economic Injury Disaster Loan (EIDL) Advance Summary: Small businesses will be eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. The […]
March 27, 2020

Michigan Extends Filing and Payment Due Dates

On the heels of the IRS extensions, Governor Whitmer temporarily suspended the Michigan income tax filing and payment due dates. Below are the new filing and […]
March 27, 2020

Business Counseling Webinars

Businesses in Michigan have resources for strategies during the COVID-19 Pandemic. Here is a list of some webinars available to assist your company. Score Webinars A […]
March 27, 2020

CARES Act – The Federal Coronavirus Economic Relief Plan

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law in an effort to stimulate our weakened economy […]
March 27, 2020

Filing and Payment Deadlines Q&A

This page provides resources to answer the most common questions regarding tax payment relief. IRS: https://www.irs.gov/newsroom/filing-and-payment-deadlines-questions-and-answers
March 27, 2020

State and Federal Funding to Help Small Businesses Affected By COVID-19

Michigan Small Business Relief Programs Grants Grant Amount: Up to $10,000 Eligible Businesses: Business is an industry outline in an Executive Order suspending business activities or […]
March 24, 2020

Expanded Unemployment Benefits for Michigan Employees affected by COVID-19

Michigan employees who have to leave work due to the COVID-19 pandemic will qualify for unemployment benefits. For individuals that were required to leave work because […]
March 22, 2020

IRS Extends Filing Deadline

Under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (Stafford Act), the Secretary of Treasury was instructed to provide additional tax filing relief to […]
March 19, 2020

Treasury Department and IRS announce Tax Payment Relief

IT’S OFFICIAL! The Treasury Department and IRS are providing the following special tax payment relief: Q. What is the tax payment relief?A. Federal income tax payments […]
March 18, 2020

State of Michigan tax relief update

Small businesses affected by the spread of the COVID-19 epidemic who were originally going to make their monthly sales, use and withholding tax payments on March […]
March 18, 2020

Families First Coronavirus Response Act (FFCRA)

The Families First Coronavirus Response Act, signed March 18, 2020, was one of the earlier COVID-19 pandemic initiatives signed into law. Several provisions are included in […]
March 18, 2020

Tax payment relief update

Dear Clients:  We hope you and your family are safe and taking the necessary precautions regarding this outbreak.  We are writing because there has been a lot of misinformation […]
March 17, 2020

Closing Notice

Our clients and team members are our first priority. As you all are well aware, the threat level of COVID-19 continues to increase in this country […]
March 12, 2020

COVID-19 Virus Update

As you all are well aware, the threat level of COVID-19 continues to increase in this country and is changing rapidly. As we continue learning more […]

West Michigan COVID-19 Business Coalition        https://www.covidwm.org/

IRS                                                                         https://www.irs.gov/coronavirus

Small Business Administration                              https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources