Moser & Associates, LLC

09/15/2025

🚨 Scam Alert: Fake Text Messages Posing as MN Department of Revenue 🚨

We’ve been informed by the Minnesota Department of Revenue that there are fraudulent text messages circulating which ask you to update your banking information.

👉 If you receive one of these texts:

Do not reply

Do not click any links

Delete the message immediately

✅ The Department of Revenue wants you to know: they will never send unsolicited text messages asking for your personal or banking information.
✅ Likewise, Moser & Associates will never text you asking to update your bank information.

Not sure if a message you received is real? Forward it to us — we’ll be happy to review it for you.

Stay safe and protect your personal information!

02/23/2025

02/19/2023

Thanks Ray! We appreciate the opportunity to work with you.

★★★★★ "I've used Moser for taxes and much more for years. They do a detailed and excellent job and they're friendly and easy to work with. I definitely recommend!"

03/17/2021

Individual Tax Deadline has been extended to May 17, 2021!

This will extend the filing and payment deadline for individuals.

01/10/2021

PPP Round 2 - Are You Ready?

The second round of PPP loans can be applied for this week. Are you eligible? If you did not receive a PPP loan previously or your business experienced a 25% reduction in revenue in one quarter of 2020 over 2019, you can apply for this new round. The funds still need to spent at least 60% on payroll and other expenses such as rent, utilities, mortgages, PPE, accounting, and cloud computing. Check with your lender on when you can apply.

08/05/2020

PPP LOAN FORGIVENESS

Many of our clients are beginning to receive Paycheck Protection Program (PPP) loan forgiveness applications from their lenders so we are reaching out with information to address some of the common questions we are receiving.

Here are 4 reasons to not hurry:
• In most instances, there is no benefit to receiving loan forgiveness approval right away. There is no impact on cash flow. The loans do not enter into repayment status until 10 months following the conclusion of the 24-week covered period.
• Most banks are not processing PPP loan forgiveness applications yet. The SBA has indicated that their portal will be available for lenders to access on August 10, unless new legislation or technical guidance is issued which would delay release of the portal. It is anticipated that the next round of stimulus legislation will include changes to PPP loan forgiveness that will impact its release.
• The most complicated part of the application is the calculation of FTE and individual wage reductions. Many payroll providers are still building the reports to report this information – it will be time consuming and more expensive to manually calculate Tables 1 & 2 to the PPP Schedule A Worksheet if you have more than a handful of employees.
• There have been no recent changes to the PPP, but it is anticipated that this next round of stimulus legislation will include some modifications to the program. There have been proposals to grant automatic forgiveness to loans under a certain dollar threshold and to expand eligibility to use the 3508 EZ application. Any future modifications are expected to benefit borrowers that have already obtained PPP loans.

06/18/2020

SBA releases more PPP Guidance -

Here are the highlights:

• Extends the expense forgiveness period from eight weeks to twenty-four weeks.
• Reduces to 60% the 75% payroll ratio requirement.
• Eliminates 2-year loan repayment restrictions (extended to 5 years) for future borrowers.
• Allows payroll tax deferment for PPP recipients.
• Extends the June 30 rehiring deadline to as late as December 31, 2020.
• Allows borrowers to defer principal and interest payments on PPP loans until the SBA compensates lenders for any forgiven amounts, instead of the current six-month deferral period. Borrowers that don’t apply for forgiveness would be given at least 10 months after the program expires to start making payments.

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06/04/2020

Great News for Small Businesses!!

The Bill H.R. 7010 is now going to President Trump after the House and Senate passed it. The Bill gives flexibility for small businesses by extending the covered period from 8 to 24 weeks. The Bill also changed the requirement on the usage of the funds to be spent on payroll from 75% to 60%. The Bill states that 60% or more MUST be used on payroll or none of the loan is forgiven.

04/30/2020

The IRS provided guidance on how the PPP will affect your 2020 tax return in Notice 2020-32.

If the PPP loan is forgiven, the expenses used to obtain the forgiveness are not tax deductible.

04/01/2020

Paycheck Protection Program

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.

Applications being accepted as of April 3rd for small business and April 10th for self-employed by SBA approved lenders. The application link is here:

04/01/2020

Guide for MN Small Business Who Need Help from MN Deed

View our most recent news.

03/29/2020

Great summary by Marcus Lemonis of the CARES Act program called Paycheck Protection Program (PPP).