Tips for Individual Taxpayers to Make Filing Easier

Tips for individual taxpayers to make filing easier To speed refunds and help with their tax filing, the IRS urges people to follow these simple steps: … [Read more...]

IRS Announces Tax Filing Season to Start on February 12

Individual Taxpayers News Alert! The Internal Revenue Service (IRS) has announced that the tax season will open on Friday, February 12, 2021, when the tax … [Read more...]

SBA Re-Opening Paycheck Protection Program Loan Portal

Business News Alert! SBA Re-Opening Paycheck Protection Program to Small Lenders on January 15 and All Lenders on January 19 The SBA in consultation with the … [Read more...]

An Overview of Employee Retention Credits

Employee Retention Credit and PPP Forgiveness Below is a summary of key provisions of the credit, comparing the original and the new law. This credit used to … [Read more...]

PPP Round 2 Update: Do you qualify?

PPP Round 2 Update Answer these questions to see if you qualify for PPP Round 2: Did your quarterly or annual gross receipts in 2020 as compared to 2019 … [Read more...]

New PPP Guidance Issued by SBA,Treasury

Late Wednesday evening, January 6, 2021, the U.S. Small Business Administration (SBA) and Treasury issued guidance for the rebooted Paycheck Protection Program … [Read more...]

Second Stimulus Check Update

Second Stimulus Check Update Last updated: 1-4-2021 at 10:00 am This information is to provide a high-level overview of the second round of Stimulus … [Read more...]

Important Update on FFCRA Leave and Tax Credits for 2021

What Employers Need to Know Despite that fact that the FFCRA’s leave provisions were not extended into 2021, the Consolidated Appropriations Act, 2021 relief … [Read more...]

Documentation Requirements for FFCRA

Documentation Requirements of FFCRA Prior to taking paid sick leave under the EPSLA or expanded family and medical leave under the EFMLEA, employees are … [Read more...]

What should businesses be doing now?

TOPIC: Business Planning  With President Trump signing into law the Consolidated Appropriations Act, 2021 (CAA) on Sunday, December 27, the SBA has 10 days … [Read more...]