Less than two months after his inauguration, President Joe Biden had moved significantly forward on the three key elements of his Build Back Better program,
It feels great to get a high price for the sale of your home, but watch out: The IRS may want a piece of the
How It Could Impact Your Finances President-elect Joe Biden’s proposed tax plan would raise taxes on high-income households and corporations. At the same time, he
The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Borrowers may be eligible
It feels great to get a high price for the sale of your home, but watch out: The IRS may want a piece of the
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