by Karen Rashid | Jul 23, 2021 | Articles
Sometimes it feels good to get rid of clutter. Cleaning out papers we have kept for years is a good project. But there are some guidelines to be aware of before you put a pile of papers on the scrap heap. Individual circumstances guide the exact documents that should...
by Karen Rashid | Jun 16, 2021 | Articles, Press Release
RIVERSIDE, CALIFORNIA – June 16, 2021 – Roorda, Piquet & Besse, Inc. (RP&B CPAs), a premier, full service accounting firm located in the Inland Empire has announced that Robert Bessee, CPA is retiring effective June 30, 2021. Bob will move to an emeritus role,...
by Karen Rashid | May 3, 2021 | Articles
The prolonged and closely watched debate on deductibility of qualifying expenses paid with PPP funds provided under the CARES Act or Consolidated Appropriations Act (CAA) has finally come to an end for California businesses as Governor Newsom officially signed...
by Karen Rashid | Mar 22, 2021 | Articles
The filing date for the federal income tax has been postponed until May 17. The IRS has announced that individual taxpayers can also postpone federal income tax payments for the 2020 tax year due on April 15, 2021, to May 17, 2021, without penalties and interest,...
by Karen Rashid | Mar 18, 2021 | Articles, COVID-19
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARPA) into law to provide financial relief to individuals and businesses. ARPA includes a number of tax provisions that may have implications for taxpayers in 2020 and beyond. ...
by RPB Team | Nov 10, 2020 | Articles, COVID-19, Loans
On October 26, 2020, the Small Business Administration (“SBA”) issued a notice stating that it intends to release two new forms, one for for-profit businesses and the other for non-profit, relating to the PPP forgiveness process for borrowers with loans of $2 million...
