Fresh IRS guidance is available for employers claiming the Employee Retention Credit in the third and fourth quarters of 2021.
Tag: CAA
PPP forgiveness and repayment: What businesses need to know now
If you received a PPP loan, important forgiveness deadlines are approaching. Are you ready?
Traveling for business again? What can you deduct?
On the road again for business? Here’s a rundown of costs you can deduct for business travel.
American Rescue Plan Act of 2021 – A Closer Look
The American Rescue Plan Act of 2021 was signed into law on March 11, 2021. We’ve gathered highlights of noteworthy ARPA provisions for businesses and individuals.
PPP application deadline extended
Eligible businesses affected by the COVID-19 pandemic now have until May 31 to apply for a PPP loan. Here’s the latest on the popular loan program.
The American Rescue Plan Act has passed: What’s in it for you?
The latest COVID-19-related stimulus bill, the American Rescue Plan Act, has now passed. How can you benefit?
Did you make donations in 2020? There’s still time to get substantiation
In order to claim a charitable deduction on your tax return of $250 or more, you need a written acknowledgment from the charity. What if you haven’t received one yet for a charitable donation you made in 2020?
Employee Retention Credit – The Rules Become More Liberal, More Complex
Learn about the recent tax law changes affecting the employer retention tax credit, potential benefits, and more
How Congress is Planning to Rescue Restaurants Through Tax Deductions
Lawmakers seek to tweak an existing business deduction to boost the restaurant industry’s bottom line and put thousands back to work.
Late 2020 Tax Legislation Provides Targeted Tax Relief
On December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA, 2021) was signed into law by the President. The CAA, 2021 is the fourth major relief legislation enacted in response to the coronavirus pandemic. Some of the provisions grant retroactive relief to 2020.
