What's New At DB&B
2020 Year-End Year-Round Tax Planning Guide

2020 Year-End Year-Round Tax Planning Guide

The tax professionals at Dermody, Burke & Brown, CPAs are dedicated to helping you maximize your income through a variety of tax-saving strategies. To demonstrate our commitment to serving as...

Documentation Retention for PPP Loans

Documentation Retention for PPP Loans

November 19, 2020 - For those of you who received a Paycheck Protection Program (PPP) loan and will be filing for forgiveness, please keep in mind that supporting documents must be retained for 6...

Dermody, Burke & Brown Hires Kiernan Briggs

Kiernan Briggs recently joined Dermody, Burke & Brown as an Associate in the New Hartford office.Kiernan works in the Tax department at the firm. He received a Bachelor of Science degree in Risk...

Under $50,000 PPP Loan Forgiveness Simplified

Under $50,000 PPP Loan Forgiveness Simplified

October 9, 2020 - A new Interim Final Rule (IFR) issued October 8, 2020 offers additional guidance regarding recipients of the Paycheck Protection Program (PPP) loans with a de minimis forgiveness...

President Issues Memorandum on Deferring Payroll Tax Obligations

President Issues Memorandum on Deferring Payroll Tax Obligations

September 18, 2020 - President Donald Trump issued the memorandum on August 8, 2020 that will take effect on wages paid starting on September 1, 2020.Employers have the option of offering to defer...