Christina Rampone was awarded the 2016 Abrams Little-Gill Loberfeld Scholarship on Tuesday, May 24, 2016 at the MSCPA Believers & Achievers Reception.
Christina, a Suffolk University rising senior, is studying accounting and maintains a 3.89 GPA. She is also pursuing minors in Big Data and Economics.
The scholarship, which is fully funded by Abrams Little-Gill Loberfeld PC (ALL), awards Christina $2,500 to assist in her studies.
Christina said, “I would like to thank the firm associates and MSCPA scholarship committee members that selected me for this award. I am truly honored to receive the Abrams Little-Gill Loberfeld Scholarship.”
ALL is proud to support the future of profession and is an annual scholarship sponsor.
Senate Passes Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
On March 25, 2020, the U.S. Senate passed the Coronavirus Aid, Relief and Economic Security Act (CARES Act), a massive $2 trillion bill with an array of significant tax-saving provisions that impact both individuals and businesses and hopefully create needed cash flow. The CARES Act also could affect prior tax years.
IRS Issues Additional Guidance on Tax Filing Extensions and Employer Relief for Emergency Funding
On the heels of recent guidance regarding the deferral of federal income tax payments, the IRS issued new Notice 2020-18 and Release 2020-57 on March 20 which update rules on COVID-19 (coronavirus)-related tax filing and issues surrounding payment. Details of each one are included below.
Families First Coronavirus Response Act Overview
Setting aside partisanship as the coronavirus (COVID-19) outbreak continues to evolve, the U.S. Senate on March 18 passed the House Coronavirus Bill (H.R. 6201 – The Families First Coronavirus Response Act) on a 90-8 vote. The Act was subsequently signed into law by President Trump. It is the second package from Congress that addresses the COVID-19 pandemic. Currently, Congress and the Trump administration are working on “phase three” to further stem the impact of the outbreak on families and the U.S. economy.
Federal Tax Deadline Extended to July 15
Treasury Secretary Steven Mnuchin announced Friday, March 20th, 2020 that the IRS will extend the federal tax filing deadline to July 15th.
Federal & MA Small Business Assistance Programs for COVID-19
Both the U.S. Federal Government and the Massachusetts State Government have put forth Small Bussiness Association (SBA) assistance programs for businesses dealing with the impact of COVID-19. Below is information on both programs. If you have any questions on eligibility please do not hesitate to contact your ALL advisor.
5 Steps to Business Continuity During the Coronavirus Pandemic
As the coronavirus (COVID-19) rapidly spreads within the U.S., how do business leaders ensure continuity during this pandemic? Employee, customer and vendor safety is paramount, but as more activities are canceled and face-to-face meetings aren’t advised, how can business leaders take steps to continue serving their customers? While many employers are encouraging employees to work from home, that’s not always possible for industries like manufacturing, retailing and many others. During these times, it is essential that you have a business continuity plan. There are five steps you can take to ensure ongoing operations.
