February 7, 2020
We are pleased to notify you that we have a new team member at Red Fern Advisors & CPA’s, Denise Brenner. Denise brings 20+ years of experience in the not-profit and association management industries. In addition to her prior work with several state and national member organizations, she also previously maintained an independent practice providing consulting and tax preparation services to individuals and small businesses in the Central Ohio area.
Denise completed her undergraduate work at Ohio Wesleyan University and earned her MBA from The Ohio State University. She is a member of the Ohio Society of CPAs and American Institute of CPAs, and holds the Chartered Global Management Accountant (CGMA) designation.
She enjoys volunteering, serving as a member of the Ohio Wesleyan Alumni Board of Directors and Treasurer for the Wall Street Condominium Association, in addition to traveling, running and yoga.
Here are some key highlights from the CARES Act passed on Friday 3/27/20.
Recovery Rebate Checks
Filing statuses of single or head of household taxpayers will receive $1,200 and filing status of married filing joint taxpayers will receive $2,400 based on their Adjusted Gross Income. There is an additional $500 for each qualifying child.
The rebate check amount will be...
To our valued clients,
As of today, the IRS has issued additional guidance on the Federal filing and payment extension and we would like to provide further information as well as a link to the IRS FAQs page.
Contributions to Individual Retirement Accounts (IRAs) including SEP IRA accounts
Because the due date for filing Federal income tax returns has...
The President has signed the Families First Coronavirus Act (FFCRA) in an attempt to ease the economic consequences stemming from the COVID-19 outbreak. Among other things, the bill provides family and medical leave and sick leave to employees and offers tax credits to employers and self-employed individuals providing the leave. It becomes effective April 2, 2020 and contains...