700 N. Fairfax St. Suite 400 Alexandria, VA 22314

Ph: 703.535.1200 | Fx: 703.535.1205

700 N. Fairfax St. Suite 400 Alexandria, VA 22314 Ph: 703.535.1200 Fx: 703.535.1205

The CARES Act—Help for Small Businesses and Nonprofits Amid COVID-19

Renner Business News; April 4, 2020—Joan M. Renner, CPA, CGMA The CARES Act is still very new and, in some ways, its application is still being worked out.  However, business owners and nonprofit leaders should gain familiarity with the CARES Act to determine which provisions can help them, including: The Paycheck Protection Program, Emergency Economic … Continued

New Law Allows PPP Second Draw for Hard-Hit Charities

Renner Nonprofit News; January 13, 2021—Joan M. Renner, CPA, CGMA The Consolidated Appropriations Act of 2021 (CAA) includes a number of provisions to help small employers affected by the pandemic. One of the biggest features is the expansion of the Paycheck Protection Program (PPP) originally created by the CARES Act.  The new law extends the time … Continued

New Law Expands PPP to Many Associations

Renner Nonprofit News; January 12, 2021—Joan M. Renner, CPA, CGMA The Consolidated Appropriations Act of 2021 (CAA) includes a number of provisions to help small employers affected by the pandemic. One of the biggest features is the expansion of the Paycheck Protection Program (PPP) originally created by the CARES Act.   The new law extends the time … Continued

New Act Extends Emergency Leave Credit for Employers—Including Nonprofits

Renner Nonprofit News; January 11, 2021—Joan M. Renner, CPA, CGMA The Consolidated Appropriations Act of 2021 (CAA) includes a number of provisions to help small employers affected by the pandemic. If you have had employees who were unable to work due to COVID-19 illness, quarantine or school closings, the Families First Coronavirus Response Act (FFCRA) funds up … Continued

Joan Renner Recognized for Women’s Leadership

Renner Firm News; November 2, 2020 The Virginia Society of CPAs (VSCPA) champions the accomplishments of women in the accounting profession and has created the Women to Watch Awards for established and emerging female leaders in the accounting profession. Winners will be recognized at the second annual Women’s Leadership Forum in December. In 1898, when … Continued

Please Join Us in Welcoming Mary Ann to the Firm

Renner Firm News; October 1, 2020 Renner and Company is delighted to introduce our newest award-winning Senior Tax Manager, Mary Ann Dougherty. She joined the firm on Oct. 1, 2020, but Mary Ann is no stranger to the area. Mary Ann was born and raised in Northern Virginia and knew she wanted to be an … Continued

More Support for Small Businesses and Nonprofits in the CARES Act

Renner Business News; April 1, 2020 The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes provisions to make it easier for employers to help their employees during the COVID-19 crisis. It also supports charitable giving by corporations able to help others and accelerates deductions for businesses that are experiencing business losses. Employee Retention Credit … Continued

CARES Act Supports Small Businesses and Charities

Renner Business News; March 31, 2020 Small businesses and charities can get assistance to meet emergency needs, pay employees and cover SBA loan payments under the Coronavirus Aid, Relief, and Economic Security (CARES) Act by applying for these Small Business Administration (SBA) programs through the SBA and SBA-approved lenders. The Paycheck Protection Program provides cash … Continued

Breaking News – Congress Repeals Nonprofit Parking Tax— Retroactively!

Renner Nonprofit News; January 2, 2020 If you worked diligently to comply with the 2017 law that required nonprofits to pay tax on parking and metro benefits—you may have a tax refund coming your way. Two years ago, the Tax Cuts and Jobs Act required nonprofit employers to treat payments for transportation fringe benefits to employees … Continued