What's New At DB&B

Employee Benefit Plan Audit Quality Center 2021 Plan Advisory

The 2021 Plan Advisory has been released by the AICPA. The Advisory covers the following topics:- Partial plan terminations- What is a partial plan termination- Fiduciary responsibilities-...

Breaking Down the Changes to the Employee Retention Credit

January 25, 2021 -CARES ActAs part of the CARES Act passed in March of 2020, Congress created the Employee Retention Credit (ERC) designed to financially assist businesses affected by COVID-19. ...

Dermody, Burke & Brown Employees Promoted

Dermody, Burke & Brown, CPAs, LLC has promoted six employees. In the Auditing and Accounting department, Alyssa Hansen, MBA and Nick Marinelli have been named Senior Associates. In the Tax...

Deductibility of Expenses Paid for with PPP Loans and Other Relief Provisions

January 12, 2021 - The “Consolidated Appropriations Act, 2021 (CAA, 2021)” was signed into law on December 27, 2020. The new bill provided a number of provisions designed to financially help out...

Additional Business and Individual Provisions Included in New Stimulus Bill

Additional Business and Individual Provisions Included in New Stimulus Bill

January 8, 2021 - We finally have some additional stimulus relief, signed into law by the president on December 27, 2020.  This comes in the form of the “Consolidated Appropriations Act, 2021 (...