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House passes $1.9 trillion COVID-10 relief package

The U.S. House of Representatives passed the latest COVID-19 relief package early Saturday morning. The bill, titled The American Rescue Plan Act of 2021, H.R. 1319), includes several different provisions such as $1,400 stimulus checks for individuals, extended unemployment benefits, and aid for small businesses and not-for-profits. Click here to view the full text of […]

Scheffel Boyle ranks #12, #13 in St. Louis Business Journal’s annual Largest Accounting Firms lists

Scheffel Boyle has ranked #12 for number of professionals and #13 for number of CPAs on the St. Louis Business Journal’s annual Largest Accounting Firms lists. Each year, The Journal publishes two lists for ranking CPA firms: one based on number of CPAs and the other on number of professionals (employees required to have continuing education hours). […]

Webinar Replay Now Available: Paycheck Protection Program & Employee Retention Credits

On January 27, the professionals of Scheffel Boyle CPAs explained the latest updates of the Paycheck Protection Program (including changes related to farmers) and Employee Retention Credits. There was a Q&A session at the end of the presentation. A replay of our webinar is now available to watch on demand on Zoom. Please fast forward to […]

Free Webinar: Paycheck Protection Program & Employee Retention Credits

Join the professionals of Scheffel Boyle CPAs as they explain the latest updates of the Paycheck Protection Program (including changes related to farmers) and Employee Retention Credits. There will be a Q&A session at the end of the presentation. Click here to register. There is no fee to attend the webinar, but registration is required. […]

Scheffel Boyle welcomes Madelaine Deardeuff

Scheffel Boyle is excited to introduce the newest member of our team, Madelaine Deardeuff. Madelaine joins us as our Marketing Specialist and will be based out of the Edwardsville office. In her role, Madelaine supports the firm’s management group in carrying out selected marketing strategies. Her responsibilities include managing the firm’s public relations and communications […]

President Trump Signs Coronavirus Relief and Government Funding Bill

On Sunday, December 27, President Trump signed the COVID-19 relief and government funding bill into law. The Coronavirus Response and Relief Supplemental Appropriations Act of 2021 has the following key provisions: Clarification on the deductibility of expenses paid with forgiven PPP loans Additional PPP funding for certain businesses Extends certain tax credits for payroll and […]

Congress Passes COVID-19 Relief Bill, Waiting on the President’s Signature

The U.S. Senate and House of Representatives passed a $900 billion COVID-19 relief bill Monday night. The Coronavirus Response and Relief Supplemental Appropriations Act of 2021, as it has been named, still needs to be signed by the President and is not law at this time. A summary of the key terms of the proposed […]

Fraudulent Unemployment Claims on the Rise in Illinois

Government officials throughout Illinois are urging residents to be on the lookout for identity theft activity related to unemployment insurance. In an alert published by Illinois Attorney General’s office, people who have not filed for unemployment insurance are receiving letters and debit cards, loaded with funds, in the mail despite not having applied for benefits. […]