IRS ERTC Voluntary Disclosure Program Deadline

The IRS’s new Voluntary Disclosure Program may provide employers relief from penalties related to ineligible Employee Retention Tax Credit claims.

New Tax Legislation: Should you file now or wait?

The Tax Relief for American Families and Workers Act of 2024, passed in the House on January 31st. It is now waiting on revisions and/or vote in the Senate.

How to Comply with the New Corporate Transparency Act

The Corporate Transparency Act (CTA) goes into effect on January 1, 2024, impacting a significant number of small businesses across the U.S.

IRS delays new reporting rule for online payment processors

The IRS is delaying the $600 Form 1099-K reporting threshold for third-party settlement organizations for the 2023 tax year.

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The Restaurant Revitalization Fund

The Restaurant Revitalization Fund

Updated 4-6-2021 The American Rescue Plan Act of 2021 (the “Act”), signed by President Biden on March 11, 2021, includes within Section 5003 a $28.6 billion appropriation to establish a...

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PPP Application Deadline Extended

PPP Application Deadline Extended

On Wednesday, March 31, 2021, the President signed the PPP Extension Act of 2021, H.R. 1799 which moves the Paycheck Protection Program (PPP) application deadline from March 31 to May 31. ...

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What’s in the ARPA for individuals?

What’s in the ARPA for individuals?

On March 11, 2021, President Biden signed the American Rescue Plan Act (“the Act”), a $1.9 trillion COVID-19-relief stimulus package. The Act extends the unemployment benefits that were...

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