June 1, 2020

Calculate Your Business’ PPP Loan Forgiveness

loan forgiveness

Askey, Askey & Associates provide the PPP Loan Forgiveness Calculator to help businesses establish what information is needed to complete the loan forgiveness application recently released by the Small Business Administration.

UPDATE; IRS Filing Date HAS BEEN Extended


The United States Internal Revenue Service has announced its intent to defer tax payments as relief for individuals and corporations struggling to address the coronavirus pandemic. the IRS has NOT yet extended the April 15,2020 filing deadline.

Marital Changes: Tax Changes

tax changes

When your marital status changes, so do your taxes. Woman-owned Askey, Askey and Associates, CPA, LLC can help you navigate your finances through the tax changes ahead.

QuickBooks Training: Registration Open

QuickBooks training

Askey, Askey & Associates, CPA, LLC still has openings for members of the business community to participate in its QuickBooks Online Training Sessions.

Join Askey, Askey & Associates’ QuickBooks Online Training Sessions


Askey, Askey & Associates, CPA, LLC invites members of the business community to participate in its QuickBooks Online Training Sessions.

Deadline Nears on Top Opportunity Zone Returns

Opportunity Zone

Opportunity Zones are complicated and the window for maximum tax benefits is closing the end of 2019. Cathy Askey of Askey, Askey & Associates unpacked the basics and some of the details of the tax deferral, tax reduction, and tax elimination opportunities in the Opportunity Zone.

Askey Update: Opportunity Zone Tax Credits

Opportunity Zone

Cathy Askey of Askey, Askey & Associates will update the public on tax sheltering guidance regarding Opportunity Zone investments from 8:30 to 10:30 am Aug. 23 in Lexington Park, MD, sponsored by St. Mary’s County Department of Economic Development.

More IRS Notices Going Out

IRS computer efforts to match income reported on 1099s are resulting in more IRS Notices to taxpayers: Don’t Ignore It!

How Long Should You Keep Tax Records?

Before you throw out those old receipts, there are some cases where your tax return status may demand you keep those records indefinitely. An advisory guide from the So.MD CPA firm Burroughs, Moreland & Mudd.

Nearly Time to File an Extension

Tax Day is just about here; if you’re not going to be ready, this is the right time to let the IRS know about it, reminds Burroughs, Moreland & Mudd CPAs.