How can your business benefit from the Consolidated Appropriations Act of 2021?
The Consolidated Appropriations Act brings COVID-19 relief (and more) to individuals
President Trump signed into law billions of dollars in long-awaited COVID-19 and economic relief. The relief package is part of the nearly 5,600-page Consolidated Appropriations Act (CAA), which also contains numerous other tax, payroll and retirement provisions. Here are some of the provisions most likely to affect individual…more
Congress passes COVID-19 aid package containing billions in funding and tax breaks
Learn about the key tax provisions for individuals and businesses included in the Consolidated Appropriations Act of 2021.
An Overview of Cash-Flow Planning Opportunities in the CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act’s many provisions provide emergency relief for businesses suffering financial hardships due to COVID-19. The most widely publicized provision has been the Paycheck Protection Program Loan (PPP Loan).
Tax responsibilities if your business is closing amid the pandemic
There are a number of tax obligations that must be met when a business closes its doors. Sadly, because of COVID-19, many businesses are facing this reality. Here are the basic requirements.
Tax implications of working from home and collecting unemployment
Have you lost your job and collecting unemployment? Or are you fortunate to be working from home because of the pandemic? Both of these situations could have tax implications.
Employers have questions and concerns about deferring employees’ Social Security taxes
The IRS has issued guidance to implement the deferral of the employee share of Social Security tax. But employers still have questions and concerns about whether, and how, to implement the deferral.
CARES Act made changes to excess business losses
If you hold an interest in a business, or may do so in the future, be aware that the CARES Act has made changes to excess business losses.
The IRS issues guidance on the executive action deferring payroll taxes
The IRS has issued guidance on the payroll tax deferral scheduled to begin on September 1. Here’s what it says.