Posts Tagged ‘Coronavirus Cash Flow’
What’s All the Talk About a $10 Million Tax-Free Capital Gain?
Shareholders in qualified small businesses (“QSBs”) may be eligible for a 100% tax exclusion due to an often-overlooked section of the Internal Revenue Code (“IRC”): Section 1202. This benefit can be critical in attracting capital investment or talented employees. Particularly with startups and technology companies, there is a huge potential advantage to founding shareholders, early…
Read More4 Key Technology Trends for Real Estate in 2022
At a glance Schedule a free consultation with our team today The full story: A surprising outcome of the COVID-19 pandemic has been the mass adoption of technology by a wide range of industries and sectors — including real estate. As cases start to rise again globally, more property owners and operators, developers, builders and…
Read More5 Post-Pandemic Technology Upgrades Businesses Should Make
At a glance: Schedule a free consultation today. The full story: When the COVID-19 pandemic first swept the globe, businesses were put into a precarious position. With customers staying home and abiding by government-mandated lockdown orders, many businesses — especially those in the hospitality and retail sectors — scrambled to ensure service continuity and maintain…
Read MoreTax Update: New Guidance on New York’s Pass-Through Entity Tax Credit
At a glance Schedule a consultation The full story: Hot off the press: on August 25, 2021, New York State issued a Technical Memorandum[1] that provides guidance on its pass-through entity tax. First, let’s take a step back On April 19, 2021, New York State’s 2021─2022 Budget Act was signed into law. The Budget Act includes…
Read MoreFraud Has No Borders
At a glance: The main takeaway: Fraud is a global concern, as evidenced by some of the most famous global fraud cases in modern history. Impact on your business: Continued technological advances and modern fraud techniques mean no business is entirely protected – and the source can come from virtually anywhere. Next steps: As fraud…
Read MoreGet Your Top ERC Tax Questions Answered
At a glance Schedule a consultation with our ERC team today The full story: The Employee Retention Credit (ERC) has been a much-needed cash resource for businesses struggling under the weight of the COVID-19 pandemic. But for many businesses one question lingers “Is the Employee Retention Credit taxable?” — especially since the IRS has released…
Read MoreDo Owners’ Wages Qualify for the ERC?
At a glance: Don’t let recent IRS guidance jeopardize your credits. Contact Aprio’s ERC team to maximize your credit value and minimize audit risk. With Aprio, you can put those worries about ERC owner wages to rest. The full story: The IRS finally released official guidance on the eligibility of wages paid to business owners and…
Read MoreThe First PPP Loan Payments Are Coming Due: Here’s What You Need to Know
At a glance: The main takeaway: The first Paycheck Protection Program loans (particularly those distributed in spring 2020) are coming due for repayment. Impact on your business: You need to understand your forgiveness window and the appropriate applications to request forgiveness, otherwise you’ll have to start making monthly payments of principal and interest. Next steps:…
Read MoreEmployee Retention Credit: Are U.S.-based Subsidiaries of International Companies Eligible?
At a glance: Contact Aprio to find out if you qualify. The full story: At the end of 2020, the Consolidated Appropriations Act introduced several changes to the Employee Retention Credit (ERC), making many new businesses eligible to reap the benefits of the program. And if your business is a U.S.-based subsidiary of an international company, you…
Read MoreWhat COVID Relief Options Are Still Available to U.S. and U.K. Businesses?
At a glance: The Main Takeaway: The U.S. and U.K. governments have started to phase out and put end dates on popular economic relief programs for businesses, due to increasing vaccination rates. Impact on Your Business: Though deadlines have been extended, funding for some programs is minimal, so it’s important to apply now and take…
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