Tuesday, August 10, 2021
The IRS has published new guidance on the Employee Retention Credit (ERC). The credit was created in March 2020 to encourage employers to keep their workforces intact during the COVID-19...... Read More
Wednesday, August 04, 2021
The Small Business Administration (SBA) has released new guidance intended to expedite the forgiveness process for certain borrowers under the Paycheck Protection Program (PPP). The simplified process generally is available...... Read More
Wednesday, July 21, 2021
A critical deadline is approaching for many of the businesses that have received loans under the Paycheck Protection Program (PPP), which was created in March 2020 by the CARES Act....... Read More
Wednesday, July 14, 2021
As part of the American Rescue Plan Act that was enacted in March 2021, the child tax credit:Amount has increased for certain taxpayersIs fully refundable (meaning you can receive it even...... Read More
Tuesday, July 06, 2021
The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million households in mid-July 2021 — unless, that is, they opt...... Read More
Friday, April 09, 2021
The Department of Labor has a new website for the COBRA Premium Subsidy under the American Rescue Plan Act (ARPA). Please refer to the DOL website for Model Notices that...... Read More
Thursday, April 01, 2021
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA) to address the continuing economic impact on employers and employees the Coronavirus (COVID-19) pandemic has posed....... Read More
Tuesday, January 12, 2021
You have probably heard that the recent stimulus legislation, the Consolidated Appropriations Act, 2021 (CAA, 2021), included a provision that removes the 50% limit on deducting business meals provided by...... Read More
Tuesday, January 12, 2021
Following is an overview of key provisions in the recent COVID relief legislation signed by the President on December 27, 2020, that affects individuals. The legislation is the COVID-related Tax Relief...... Read More
Tuesday, January 12, 2021
The Consolidated Appropriations Act, 2021 (the CAA, 2021), signed into law on December 27, 2020, is a further legislative response to the coronavirus (COVID-19) pandemic. The CAA, 2021 includes--along with...... Read More
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