AHP Articles

Created: Friday, June 5, 2020

Senate Approves Changes for Paycheck Protection Program

On Wednesday, June 3, 2020, the U.S. Senate passed proposed changes to the Paycheck Protection Program (PPP), expanding the time allotted for loan recipients to spend their funds and still qualify for loan forgiveness. The bill went on to President Trump and was signed into law on Friday. This article highlights the main points of the new law.
Created: Thursday, June 4, 2020

As Summer Approaches, So are Tax Deadlines

Heading into June, many of us are excited about warmer weather and our economy opening back up. For the majority of us, it is not the time of year that we are typically concerned with taxes.
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

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.