Trump Signs PPP Application Extension Bill

On July 4, President Donald Trump signed into law a Paycheck Protection Program (PPP) application extension bill that Congress had quickly passed just before the Independence Day holiday. According to several senators, the measure...

Heckler & O’Keefe’s Response to COVID-19

During this uncertain time, nothing is more critical to Heckler & O’Keefe, CPAs, PC than the health and safety of our clients and employees.  While most of our staff are home working remotely, we are considered an essential service under the Executive Order, Tom...

Tax Relief Provided by the CARES Act

Individual Provisions Rebate checksRecovery rebates for individuals. To help individuals stay afloat during this time of economic uncertainty, the government will send up to $1,200 payments to eligible taxpayers and $2,400 for married couples filing joints returns. An...

Qualified Opportunity Zone Investment Regulations Finalized

Proposed qualified opportunity zone regulations issued on October 29, 2018 ( REG-115420-18) and May 1, 2019 ( REG-120186-18) under Code Sec. 1400Z-2 have been finalized with modifications. The regulations. which were issued in a 550 page document, are comprehensive....