Blog – Page 3

News and insights From Reynolds + Rowella

3 Steps to Increase the Likelihood of Your PPP Loan Forgiveness

With the forgiveness process now open, accountants, tax professionals and auditors are working around the clock to submit forgiveness applications on behalf of their clients. Without forgiveness, millions of businesses will be saddled with debt they cannot afford and otherwise likely would not have borrowed. The impact of mass non-forgiveness will likely be another major […]

New Guidance Issued on President Trump’s Payroll Deferral Executive Order

By Pat Butler On August 8, 2020, President Trump signed an executive memorandum directing the U.S. Department of the Treasury to defer certain payroll tax obligations amid the ongoing COVID-19 pandemic. On August 28, 2020, the IRS published Notice 2020-65 (Notice) allowing employers to defer withholding the employee portion of Social Security tax from paychecks. […]

The COVID-19 crisis

The COVID-19 crisis has taken a toll on many small businesses. But some winners are expected to emerge from the wreckage. Unprecedented steps will be taken to guard against health risks from COVID-19 and whatever might come along next. The new normal will create new opportunities—small businesses that can respond to those opportunities will survive […]

The Second Half of 2020

The second half of 2020 has begun. What steps can small business owners take today to lower taxes for the current tax year? Alternatively, would it make more sense to maximize taxable income this year if you expect higher income and/or unfavorable changes to the tax law starting in 2021? Uncertain Times These are tough […]

Are you paying your employees too much – or not enough?

At Reynolds + Rowella we are often approached by current and prospective clients to conduct compensation benchmarking to determine a proper salary range for employees. What is Compensation Benchmarking? Compensation Benchmarking is the comparison of internal jobs to the market. We take your job descriptions and match them to similar jobs found in multiple compensation […]

Santa Visits Ridgefield via Reynolds + Rowella

Santa arrived at the office of Reynolds + Rowella in Ridgefield, CT dropping off gifts for the Evelyn C. Peeler Children’s Holiday Gift Fund. Thank you to all of Santa’s helpers and for creating a Merry Christmas for families in town! The goal of the Evelyn C. Peeler Children’s Holiday Gift Fund is to make […]

2019 Walk To End Alzheimer’s – Fairfield County, CT

October 13, 2019 Reynolds + Rowella and the Rowella family (pictured) both support and participated in the Norwalk/Fairfield County Walk to End Alzheimer’s on October 13, 2019. Held annually in more than 600 communities nationwide, the Alzheimer’s Association Walk to End Alzheimer’s® is the world’s largest event to raise awareness and funds for Alzheimer’s care, […]

Reynolds + Rowella Golfing with Purpose

Recently, Reynolds + Rowella proudly showed support to a number of local community organizations: The Greater Danbury Chamber of Commerce The Greater Danbury Chamber of Commerce is comprised of approximately 800 members, which encompass a workforce of well over 105,000 individuals. Membership is diverse with representation from manufacturing, hi-tech, retail, service, professional and corporate and […]

THE CONNECTICUT POST NAMES REYNOLDS + ROWELLA A WINNER OF THE SOUTHERN CONNECTICUT 2019 TOP WORKPLACES AWARD

Reynolds + Rowella, an accounting and consulting firm with offices in Ridgefield and New Canaan has received a 2019 Top Workplace Award. Hearst Connecticut Media Group has recognized 50 companies and organizations as Top Workplaces for 2019. These companies have been recognized based solely on surveys about the workplace completed by their employees. The survey […]

Reynolds + Rowella Joins Far – Reaching Initiative

Reynolds + Rowella Joins Far-Reaching Initiative to Promote the Awareness of Online Safety and Privacy for National Cybersecurity Awareness Month October 1, 2019 — Reynolds + Rowella’s IT Services Group today announced its commitment to National Cybersecurity Awareness Month (NCSAM), held annually in October, by signing up as a Champion and joining a growing global effort […]

Benefits of Outsourcing Your Accounting to a CPA Firm

You built your company from the ground up, so you pride yourself on the ability to handle all aspects of that business. However, it’s not a sign of weakness to outsource important facets of your operation when the benefits outweigh the drawbacks. As we’ll detail here, hiring an expert CPA firm to provide accounting services […]

How to Protect Your Data from The Dark Web

Do you know where your passwords are? Beyond the reach of search engines, the Dark Web is the internet equivalent of a seedy back alley. A place where no one uses their real name and illicit deals are made. And even though you’ve never been, your sensitive information may currently be living there. So how […]

Choosing a Benefit Plan Auditor

Federal law requires most employee benefit plans with more than 100 active participants to have an independent audit of the plan financial statements and to include the audited financial statements with the annual form 5500 filed with the Department of Labor (DOL). For calendar yearend plans on extension, the filing deadline is October 15. Significant […]

Collene Torres of Reynolds + Rowella joins over 300 swimmers for Swim Across America

Collene Torres of Team Wave Riders joined more than 300 swimmers and volunteers in the 13th annual Swim Across America Fairfield County on June 22, 2019. Team Wave Riders raised more than $8,500 for this event! Collene says the team is already talking about expanding and have set their goal for 2020 at $20,020! Swim Across […]

How Does the Dark Web Impact Small Businesses?

Identity theft is an unfortunate occurrence that is all too familiar with most business owners, but do those individuals know where the compromised data will end up? Often, these business owners are unaware of the virtual marketplace where stolen data is purchased and sold by cybercriminals; a place known as the “Dark Web”. It’s important […]

News and insights From Reynolds + Rowella

where to find us and how to call us