Trisha L. White, CPA
Accounting Services Principal | Rochester Office
507-288-4571
AICPA
MNCPA
American Business Women’s Association
Rochester Area Chamber of Commerce
Rochester Exchange Club
Rochester Public Library Foundation Board
How Trisha got here
- Bachelor of Science in Accounting from University of Wisconsin, River Falls
- Joined the Rochester tax and small business team in 2004 when Smith Schafer merged with Coffman, Nehring
and Christopherson
How Trisha approaches work
“Honesty is the best policy. Providing the professionalism, trust and customized service that each client expects and deserves.”
Related Service Resources
10 FAQs: Accounting for PPP Loans and Forgiveness
Under the Paycheck Protection Program (PPP), the federal government authorizes up to $349 billion in forgivable loans to small businesses during the COVID-19 crisis. Small businesses are receiving loans, and many have questions on how to account for the funds, expenses, and forgiveness in their accounting records.
Tax-free Disaster Relief Payments to Employees
Employers can issue tax-free disaster payments to their employees under Section 139 of the Internal Revenue Code. The payments are deductible for the employer, but not included in the income of the employee.
IRS Denies Tax Deduction for Forgiven PPP Expenses
On Thursday, April 30, the IRS released Notice 2020-32. It disallows a tax deduction for any expenses paid via a forgiven Paycheck Protection Program (PPP) loan.