Blog

Sue Hott has worked in the field of banking and finance for more than 30 years. She joined the Sponsel staff in the summer of 2017, and she serves as

On January 6, 2021, two Interim Final Rules related to the Paycheck Protection Program (PPP) were issued with several clarifications on the Economic Aid Act passed in December. A summary

Note: The stimulus bill summarized in this communication has not yet been signed into law by President Trump and is therefore subject to change. On Monday, December 21, 2020, Congress

Warm holiday wishes from our family to yours! 2020 posed challenges for us all. We are grateful to everyone who rose to the occasion during this difficult year — from

In this month’s newsletter, we explain IRS updates, discuss how to plan for 2021, explore risk analysis and introduce you to some of our fine team members!

By Nick Hopkins, CPA, CFP® Partner, Director of Tax Services [email protected] At the start of the new year, the IRS will expand its Identity Protection PIN Opt-In Program nationwide to

By Tom Sponsel, CPA/ABV, CFF Managing Partner [email protected]  As COVID continues to change our daily lives both personally and professionally, you may feel as though it’s impossible to plan for anything.

By Eric Woodruff, CPA, CCIFP Partner, Audit & Assurance Services [email protected] If 2020 has taught us anything, it’s that you can never be too careful when it comes to monitoring

Dalton Mudd started at Sponsel as an intern in the midst of the 2017 tax season. He later joined the tax services staff as a full-time member at the start

The IRS recently released additional guidance regarding certain tax implications associated with the PPP loan program. A brief recap of some of the prior guidance that has been issued: The CARES Act specifically states that

On November 6, 2020, the SBA announced that PPP loan borrowers who received, together with affiliates, $2 million or more in Paycheck Protection Program loans, will now be required to

In this month’s newsletter, we explore the benefits of outsourcing, discuss ways to maintain your corporate culture amid COVID and introduce readers to new employees!

By Lisa Purichia Partner, Director of Accounting Services & Retirement Plan Services [email protected] Right now, amid the economic upheaval of COVID, business owners should be focusing on streamlining their business.

By Mike Bedel, CPA, CGMA Partner, Director of Audit & Assurance Services [email protected] For many people, the weekly work routine is quite different these days. Rather than driving to the

Abigail Hedges has been with Sponsel for over three years, starting shortly after her graduation from Taylor University, where she earned bachelor’s degrees in accounting and management. Since her graduation,

The SBA had been fairly quiet recently on the Paycheck Protection Program (“PPP”) loan forgiveness processes until early October when a few announcements were made within a week’s time. The

In this month’s newsletter, we discuss the importance of attitude, identify the benefits of a strong staff and introduce you to some of our own team members!

By Lisa Purichia Partner, Director of Accounting Services & Retirement Plan Services [email protected] Attitude is vital in leading your organization through the challenging times we have experienced this year. As

By Eric Woodruff, CPA, CCIFP Partner, Audit & Assurance Services [email protected] A leader is only as strong as the team behind them. As you continue adapting to how COVID’s changing

Christopher Sargent started as an intern for Sponsel CPA Group in the spring of 2016 and became a full-time staff member in the fall of 2017. Christopher was recently promoted