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News
Team Vrakas Continues to Grow
Vrakas’ talented group of diverse employees is what makes the atmosphere and culture successful. Our people is our differentiator in the marketplace. Gina M. DeSota, CPA Small Business Accounting Manager Gina joins Vrakas with over 25 years of experience in...
Vrakas Named Top Workplace of Southeastern Wisconsin – Second Consecutive Year!
The public accounting and business advisory firm of Vrakas CPAs + Advisors is pleased to announce we have been named a Top Workplace of southeastern Wisconsin by the Milwaukee Journal Sentinel for the second consecutive year. Vrakas ranked 8th out of 62 businesses in...
Robert Grey, AM Obtains American Society of Appraisers Credential
Vrakas Business Valuations, Inc. is proud to announce Valuation Analyst, Robert Grey, is now an Accredited Member (AM) of the American Society of Appraisers. In order to achieve this elite accreditation, Robert was required to pass all four Principles of Valuation...
American Rescue Plan Tax Credits Available to Small Employers to Provide Paid Leave to Employees Receiving COVID-19 Vaccines
The Internal Revenue Service and the Treasury Department announced further details of tax credits available under the American Rescue Plan to help small businesses, including providing paid leave for employees receiving COVID-19 vaccinations. Click Here for More...
Happy Administrative Professionals Day!
Did you know today is National Administrative Professionals Day?! Today we celebrate those who do so much for Team Vrakas. We are lucky to have such an incredible administrative staff to whom we owe a great deal of gratitude for everything they do each and every...
Vote for Vrakas!
Click Here To Vote For Vrakas! "Accountant" can be found under the "Home, Home Services & Finance" Section Back in February the Milwaukee Journal Sentinel started the Top Choice Awards by having the public write in their favorite companies for a variety of...
IRS Provides Guidance for Employers Claiming the Employee Retention Credit for First Two Quarters of 2021
The Internal Revenue Service has issued guidance for employers claiming the Employee Retention Credit under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (Relief Act). Notice...
Biden Signs PPP Deadline Extension Into Law
The deadline to apply for a Paycheck Protection Program (PPP) loan was formally extended Tuesday when President Biden signed the PPP Extension Act of 2021, H.R. 1799 into law. The popular program established by the CARES Act, which was created to help small businesses...
IRS Extends Additional Tax Deadlines for Individuals to May 17
The Internal Revenue Service announced that individuals have until May 17, 2021, to meet certain deadlines that would normally fall on April 15, such as making IRA contributions and filing certain claims for refund. This follows a previous announcement from the IRS on...
Tax Day for Individuals Extended to May 17: Treasury, IRS Extend Filing and Payment Deadline
The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the...