Tax Credit for Hiring Long-Term Unemployed Workers With many businesses facing a tight job market, employers should know about a valuable tax credit available to them for hiring long-term unemployment…
Highlights of the Infrastructure Investment and Jobs Act While the recently passed Infrastructure Investment and Jobs Act primarily addresses infrastructure-related issues, it includes several tax provisions affecting individuals and small…
Gross Receipts Safe Harbor for Employers Claiming ERC Safe harbor is now available that allows employers to exclude certain items from their gross receipts solely for determining eligibility for the…
Extension Deadline Looming for 2020 Tax Returns Time is running short for taxpayers who requested an extra six months to file their 2020 tax return. As a reminder, Friday, October…
American Rescue Plan Act of 2021 Part II of our American Rescue Plan webinar series to discuss the updated impact on local governments and school districts. Impact on Local Governments…
Economic Impact Payments: Round Three On March 12, following the American Rescue Plan Act’s approval and signing, the IRS began sending out the third round of Economic Impact Payments. Most…
Coronavirus-Related Distributions and Loans The Coronavirus, Aid, Relief, and Economic Security (CARES) Act made it easier to access savings in IRAs and workplace retirement plans for those affected by the…
Q & A: The $10,200 Unemployment Tax Break Generally, unemployment compensation received under the unemployment compensation laws of the United States or a state is considered taxable income and must…
PPP Loan Deadline Extended Through May 31 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, 2021, extending the deadline to apply for a…
Employees Working Remotely Can Increase Your Fraud Risk Between 2008 and 2020, remote work has grown 159%. When employees are working remotely, it’s harder to detect and prevent all types…