The Paycheck Protection Program (PPP) was created as part of the CARES Act to assist businesses during COVID-19 through forgivable loans. However, the program has complex forgiveness guidelines, rules, and calculations that recipients must navigate to get full loan forgiveness. At Brinker Simpson, we're not limiting our support to just those that are clients. We're trying to connect with any business that we can help.

On Tuesday, March 2nd, the Delaware County Chamber of Commerce will host a COVID-19 Business Update webinar. Bob Simpson and Kristen McCabe from Brinker Simpson & Co. will join the Chamber to provide a Paycheck Protection Program (PPP) update, discuss tax breaks that business owners should be aware of, and announce details surrounding the Hospitality Industry Program. Following the update, the group will take part in a live Q&A.

Spirit of giving thrives year-round at Brinker Simpson and Company
By Peg DeGrassa
pdegrassa@21st-centurymedia.com
Editor of Town Talk, News & Press of Delaware County

SPRINGFIELD » With 2020 being such a challenging year, some local companies have made a concentrated effort to help those in the community who are struggling during the pandemic. Brinker Simpson and Company Certified Public Accountants and Advisors in Springfield is one of them.

Earlier this month, the IRS issued notices to approximately 260,000 taxpayers stating they haven’t filed their 2019 federal tax return. These notices, referred to as CP59 notices, are issued yearly to identify taxpayers who have failed to file a tax return that was due the prior calendar year (Tax Year 2019).

IRS will issue new withholding tables (Publication 15) to reflect changes as of January 1, 2021. When available, the new withholding tables can be obtained at the Internal Revenue website, www.irs.gov.