AHP Articles - Andrews Hooper Pavlik PLC

Created: Wednesday, May 27, 2020

IRS Releases 2021 Amounts for Health Savings Accounts

The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs).

Created: Tuesday, May 5, 2020

PPP Loan Forgiveness Application and New Frequently Asked Questions Released

The sample Paycheck Protection Program (PPP) loan forgiveness application for loan forgiveness under the PPP was made available late last week. While the sample application does not answer all the questions we have, it does provide some clarity. This article provides an overview.

Created: Tuesday, May 5, 2020

Plan for Employee Safety as Employees Return to Work

Chances are, employers don't need the force of law to make them care about the health of their employees, especially during the novel coronavirus (COVID-19) pandemic. But it's still important to know what the federal workplace safety agency — the Occupational Safety and Health Administration (OSHA) — has to say about employees returning to their jobs with a measure of confidence in their own safety.

Created: Tuesday, May 5, 2020

Do You Have Tax Questions Related to COVID-19?

The coronavirus (COVID-19) pandemic has affected many Americans’ finances. This article contains some answers to questions you may have right now.

Created: Monday, April 27, 2020

COVID-19 Update: New PPP Funds, Michigan Tax Extensions, and New Executive Order

Created: Tuesday, April 14, 2020

Loan Forgiveness Through the Paycheck Protection Program: How Will it Work?

If you have already received your loan through the PPP, you may be wondering what you’ll need to do to apply for forgiveness at the end of your eight weeks.

Created: Monday, April 13, 2020

Additional Tax Extensions Announced Due to Coronavirus

The Coronavirus Aid, Relief, and Economic Security (CARES) Act contains a variety of relief, notably the “economic impact payments” that will be made to people under a certain income threshold. But the law also makes some changes to retirement plan rules and provides a new tax break for some people who contribute to charity

Created: Tuesday, April 7, 2020

CARES ACT Changes Retirement Plan and Charitable Contribution Rules

Created: Thursday, April 2, 2020

Changes in Unemployment Benefits for Michigan Workers

In the wake of the Coronavirus Aid, Relief, and Economic Security (CARES) Act being signed into law, Governor Whitmer signed an agreement between Michigan and the U.S. Dept. of Labor to implement Pandemic Unemployment Assistance and Compensation programs. This article includes details on the agreement and the new unemployment filing schedule.

Created: Wednesday, April 1, 2020

Payroll Protection Program Offers Loans to Small Businesses to Keep Americans Employed

The Paycheck Protection Program (PPP) aims to help Americans stay employed by offering forgivable loans to small businesses to assist with payroll, rent, mortgage interest, and utilities. The opportunity to apply for the PPP is coming up soon and we wanted to provide you with a brief overview of the program and a list of resources.