Expanded Tax Credit Opportunities For Employers
Signed into law on December 27th, the Consolidated Appropriations Act (the Act) extends and expands the Employee Retention Credit (ERC) that was enacted under the READ MORE
$900B COVID-19 Relief Bill Signed into Law
On December 21, 2020 the House and the Senate passed a $900 billion pandemic relief package. The bill combines coronavirus-fighting funds with financial relief for READ MORE
3 Steps to Increase the Likelihood of Your PPP Loan Forgiveness
With the forgiveness process now open, accountants, tax professionals and auditors are working around the clock to submit forgiveness applications on behalf of their clients. READ MORE
National Taxpayer Advocate report to Congress identifying taxpayer challenges
The National Taxpayer Advocate Erin M. Collins released her first report discussing some of the difficulties confronting taxpayers and the IRS during the COVID-19 pandemic, READ MORE
New Interim Final Rule Clarifies Key Changes in Paycheck Protection Program
New guidance has emerged from the Small Business Administration with another interim final rule—this new rule clarifies certain key changes made to the Paycheck Protection READ MORE
Paycheck Protection Program Flexibility Act (PPPFA).
On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act (PPPFA). The PPPFA will provide additional flexibility to many borrowers READ MORE
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