The IRS is providing broad-based penalty relief to most taxpayers who filed certain 2019 and/or 2020 tax returns late due to the COVID-19 pandemic. Find out if you might qualify.
PPP loans were authorized to assist small businesses adversely affected by the COVID-19 pandemic. With new guidance from the IRS, taxpayers may be able to amend their 2020 tax returns to take advantage of the Revenue Procedures.
There’s still time to apply for COVID-19 Economic Injury Disaster Loan (EIDL) funding, but time is running short.
Congress has passed the Infrastructure Investment and Jobs Act. Find out what tax-related provisions have been built into the new law.
Although the ERC calculations can be meticulous, the potential benefits that practices had seen are worth examining. We have worked with many business owners in the healthcare industry to help calculate and claim this credit. Get the details here.
Many small businesses are still feeling the pressure of the pandemic. If yours needs a loan, check out the SBA’s newly enhanced COVID-related EIDL program.
Fresh IRS guidance is available for employers claiming the Employee Retention Credit in the third and fourth quarters of 2021.