An eligible business may receive a tax-free federal grant equal to the
amount of its pandemic-related revenue loss, calculated by subtracting its 2020 gross receipts from its 2019 gross receipts.
The Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50% of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021.
The Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan with
2020 introduced a number of unprecedented situations that have required some massive adjustments. And now, with the tax filing season upon us, a raft of
The Internal Revenue Service and the Treasury Department said Tuesday evening that they are beginning to make direct deposits of the second round of economic
On December 21st, Congress passed the long-awaited Coronavirus Relief Bill. There are many pieces to this new package and here are some of the highlights.
The latest round of coronavirus stimulus legislation introduced in Congress on Monday includes some major tax provisions and changes for accountants to watch out for
We have been reaching out directly to each individual county to help gather information regarding the small business relief funds recently announced by Governor Brown.
Although vote counting continues and legal challenges to the election endure, many news media organizations are projecting that former Vice President Joe Biden will become
As employers learn about the paid-leave requirements under the Families First Coronavirus Response Act (FFCRA) and corresponding tax credits, misconceptions have arisen related to such
The rapidly-changing regulatory environment and what this means for physician practices COVID-19 has changed the way physicians practice medicine. The CARES Act has put forth
Background The forgivable loan program known as the Paycheck Protection Program (PPP) was established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide financial resources