Accounting News

PPP Second Draw Loan Regulations

By dbbcpa | January 11, 2021

Second Draw Loan applications will begin on January 11, 2021 from community financial institutions for at least the first two days of the reopening of the PPP loan portal. click … Read more

CT Paid Family Medical Leave Insurance Program

By dbbcpa | January 7, 2021

On June 25, 2019, Connecticut passed legislation to create a comprehensive paid family and medical leave insurance program funded by employees and voluntary self-enrolled participants.  The collection of wage deductions must … Read more

New Tax Deductibility Guidance for PPP Loan Expenses

By dbbcpa | January 7, 2021

New legislation clarifies the tax implications for forgiven PPP loans and the associated expenses. read more…