Last fall, after applying for a summer internship, I had my first conversation with members of the CJBS team via a virtual interview. Right away I knew that CJBS would be a perfect fit. Both Ryan and Susan were welcoming on the call and we connected over their description that accounting is like puzzle solving. […]
Covid-19
As the new year rang in, 2020 was going to be my year! I had just earned my B.A. in Accounting in December, bought our first home with my boyfriend in August, and quit my 14-year job in retail management to start my tax internship at CJBS in January—what could go wrong, right? Back in […]
It has been several months since I started writing blog posts to share advice on how to balance work and family commitments during stay-at-home orders. A lot has changed since then, and I have learned many valuable lessons along the way (many of which I wish I had understood back in the spring). However, as […]
Information for Our Unemployed Clients and Employers The Covid-19 pandemic and resulting stay-at-home orders have led to the highest unemployment rate in the US since the Great Depression. Since March, millions of Americans whose careers have been disrupted by the pandemic have been newly claiming unemployment benefits. Additionally, the CARES Act directed states to extend […]
Dear Clients & Friends, As part of the CARES Act (Coronavirus Aid, Relief and Economic Security Act), the government created distinct provisions with regard to Required Minimum Distributions (RMDs) for 2020. Specifically, for all taxpayers (including individuals that turned 70 ½ in 2019) who are required to receive an RMD from their defined contribution benefit plan in 2020, this […]
Dear Clients & Friends, In our last article, we promised to update readers as soon as we could in order to clarify certain ambiguities in the Paycheck Protection Program Flexibility Act (PPPFA). We were especially concerned about an apparent ‘cliff edge’ that would result in no loan forgiveness at all, if borrowers spend less than […]