A recent court ruling may provide relief from COVID-19 IRS penalties. Learn who may qualify and why the July 10, 2026, deadline matters.
COVID-19 IRS Penalty Relief: What Taxpayers Need to Know
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Cut Your Business’s 2025 Taxes with Year-End Strategies
Reduce your business’s 2025 federal tax liability with year-end planning steps, new OBBBA opportunities, and strategies to maximize deductions.
Important Employee Retention Credit Updates – Deadline Approaching
The IRS has released several important Employee Retention Credit Updates. In addition, the deadline is approaching to participate in the second IRS ERC Voluntary Disclosure Program. ...
COVID-19 EIDL Loans
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Important Employee Retention Credit Changes
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Update: COVID Economic Injury Disaster Loan Program
The rapid spread of the Delta variant of COVID-19 has mired a variety of companies in diminished revenue and serious staffing shortages. In response, the Small Business Administration...
Back to Business Grant Program Overview
As part of Governor JB Pritzker’s overall economic recovery strategy, the $250 million Back to Business (B2B) grant program aims to deploy small businesses recovery grants for those hit...
New ERC guidance; Congress mulls early termination
The IRS has published new guidance on the Employee Retention Credit (ERC). The credit was created in March 2020 to encourage employers to keep their workforces intact during the COVID-19...
Employee Retention Credit: Are You Missing Out?
The Employee Retention Credit, or ERC, is a significant tax credit enacted in 2020 under the CARES Act to help businesses keep employees on payroll during the COVID-19 pandemic. Since...