(866) 900-4236Call Pay Online
Client Center
Remote Support

News

Sign Up for Our Newsletter
Using Your Financial Statements During An Economic Crisis
The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations and make difficult decisions. One place to look for the information you need to make rational, reasonable moves is your financial statements.
Small Business Loans Under the CARES Act
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain non-profits and other employers.
Illinois Emergency Small Business Grants and Loans Assistance
Governor JB Pritzker and Department of Commerce and Economic Opportunity are providing more than $90 million in financial relief to small businesses across Illinois through emergency assistance programs including the Hospitality Emergency Grant Program for bars, restaurants and hotels.
Paid Sick Leave Under the Families First Coronavirus Response Act
The Families First Coronavirus Response Act (FFCRA) requires certain employers to provide their employees with paid sick leave and expanded paid family and medical leave for specified reasons related to COVID-19. These provisions will apply from April 1, 2020 through December 31, 2020.
Illinois Extends Income Tax Deadline to July 15th
The Illinois due date for individuals, trusts, and corporations to file and pay taxes has been extended to match the federal due date of July 15, 2020.  This relief is automatic, an extension does not need to be filed.
Unemployment Resources
With all of the uncertainty surrounding COVID-19 and its impact on the business environment, many business owners are beginning to inquire about the availability of unemployment benefits in the event of business closures or layoffs due to the continued spread of the virus.
Filing Due Dates for Individual Income Tax Returns
In response to the Coronavirus pandemic, the Internal Revenue Service announced that taxpayers affected by the pandemic may defer federal tax payments until July 15, 2020. This will include first-quarter estimates. In addition, state income tax return deadlines vary based on state guidelines.
Treasury Secretary Steven Mnuchin moves Tax Day to July 15
Treasury Secretary Steven Mnuchin tweeted Friday that President Trump has directed him to move Tax Day to July 15, giving taxpayers more time to file their taxes in the midst of the coronavirus pandemic.
When to Write Off Stale Receivables
Accounts receivables are classified under current assets on the balance sheet if you expect to collect them within a year or within the operating cycle, whichever is longer. However, unless your company sells goods or services exclusively for cash, some of its receivables inevitably will be uncollectible.
Coronavirus Update for Clients
For the past several weeks, we have been closely monitoring the impact of COVID-19 (novel coronavirus) on communities and events around the world. Given the ongoing uncertainty, and the fact that the seasonal influenza (flu) virus is also widespread, we are taking steps to address a number of business concerns.
How to Prepare Your Nonprofit for a Financial Audit
Outside financial audits may seem like an extravagance to not-for-profits working to contain costs and focus on their mission. But undergoing regular audits allows your organization to identify risks early and act quickly to prevent problems. Independent audits also provide valuable reassurance to donors.
Remote Access For Your Employees
With Coronavirus and influenza concerns on the rise, you may want to look into remote access for your employees to work from home. Kemper Technology Consulting has two solutions for your business.

Get More Articles Like This in Your Inbox

Sign up for our email newsletter and get the latest news sent straight to you.