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Controlled Groups: What You Need to Know about the ERC
30 Second Summary: Controlled groups can claim the ERC, too, but special rules may impact your eligibility Aggregation rules require
Coronavirus
Are Remote Fraud Investigations Equally Effective?
30 Second Summary Increased Fraud: The pressure and opportunities created by the pandemic are driving more fraud, while social and travel
Coronavirus
Transfer Pricing and COVID-19 – Time to Re-Examine Your Policy
At a Glance Multinational Companies Beware: Economic impacts from COVID-19 may require a new transfer pricing policy to avoid future penalties.
Coronavirus
Don’t Sell Yourself Short on the ERC – Reevaluate Your Small Employer Status
At a Glance: Rethinking ERC Employer Status: Evidence suggests that ERC-eligible employers do not need to use full-time equivalent calculations to
Coronavirus
IRS Declines to Extend Due Date for First-Quarter Estimated Tax Payments
At a glance: The IRS has confirmed its extension of the filing due date for 2020 individual income tax returns
Coronavirus
Apply for a PPP Loan in 4 Simple Steps
30-Second Summary: The Main Takeaway: Since the U.S. Small Business Administration (SBA) released new guidance for the Paycheck Protection Program
Coronavirus
The Top 4 Myths About the Employee Retention Credit
30-Second Summary: The Main Takeaway: Businesses could obtain up to $33,000 per employee if they are eligible for the Employee Retention
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The Top 3 Tips for Navigating Expert Witness Collaboration
30-Second Summary: The Main Takeaway: Virtual expert witness testimony is quickly becoming the new normal, due to the ongoing COVID-19 pandemic.
Coronavirus
The IRS Wants YOU… To Claim the ERC
The ERC provides an opportunity you don’t want to pass up, but it can be easy to sell yourself short.
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The Pulse – What’s Happening in the Economy and in the Markets: 3/15/2021-3/19/2021
Executive Summary The “Return to Normalcy” Continues: In a week that brought us the 700th episode of “The Simpsons” and the
Coronavirus
Webinar: How to Benefit From the $28.6 Billion Restaurant Revitalization Fund
Restaurateurs, learn more about the Restaurant Revitalization Fund and how it can support your restaurant financially. During the webinar
Coronavirus
The Pulse: What’s Happening in the Economy and in The Market’s 3/8/2021-3/12/2021
Executive Summary Seeing Green: As we mentioned in the last edition of The Pulse, it feels like there’s a light
Coronavirus
3 Ways the New COVID-19 Relief Bill Impacts Your Business
30-Second summary: In addition to providing a new round of stimulus payments, the American Rescue Plan Act contains a host
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The American Rescue Plan Act of 2021 Passes, Providing Relief for Restaurants
30-second summary: $28.6 billion in relief funding for restaurants – President Biden signed the American Rescue Plan Act of 2021
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Webinar: The Convergence of PPP and ERC- How to Maximize Your Benefits
Calculating Paycheck Protection Program (PPP) loan forgiveness and the Employee Retention Credit (ERC) for your business might be complex,
Coronavirus
The Pulse – What’s Happening in the Economy and the Capital Markets: 3/01/2021 – 3/05/2021
Executive Summary Waiting for the Ball to Drop: Do you remember the feeling of anticipation — pre-COVID-19, of course —
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Webinar: Understanding Eligibility for the Employee Retention Credit
The Employee Retention Credit (ERC), a payroll tax credit that can be worth up to $19,000 per employee, was
Coronavirus
SBA Revises PPP Loan Calculation for Schedule C Filers
On March 3, 2021, the U.S. Small Business Administration (SBA) released more changes and forms impacting the Paycheck Protection Program
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SBA Releases Updated PPP FAQs Amid Loan Origination and Reopening of Forgiveness
On March 3, 2021, the U.S. Small Business Administration (SBA) released new FAQs related to the Paycheck Protection Program (PPP).
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IRS Releases 71 Questions to Clarify the Employee Retention Credit
30-Second Summary The IRS issued new guidance for employers claiming the Employee Retention Credit (ERC) for 2020 calendar quarters. The
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The Pulse – What’s Happening in the Economy and the Capital Markets: 2/22/21 – 2/26/21
Executive Summary As we move forward through the first quarter, we’re living in “The Three Bears economy” — the bears,
Coronavirus
Unpacking the latest Updates of the Paycheck Protection Program: 2/23/2021
The SBA continues to release new guidance for the Paycheck Protection Program (PPP) to carry out the changes for
Coronavirus
Strategies to Maximize your PPP and ERC Benefits
Per the Consolidated Appropriations Act of 2021, businesses can now benefit from the Paycheck Protection Program (PPP) loan forgiveness and
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The Pulse — What’s Happening in the Economy and the Capital Markets: 2/15/21 – 2/19/21
Executive Summary Texas’s electrical grid and DC hearings on GameStop have garnered the national headlines, yet two other current events
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Unpacking the latest Updates of the Paycheck Protection Program: 2/16/2021
The SBA continues to release new guidance for the Paycheck Protection Program (PPP) to carry out the changes for
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Dental Practices: Leverage PPP and ERC Changes to Boost Your Bottom Line
The beginning of the new year is a time for change, and 2021 is no different. In January, Congress and
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The Pulse — What’s Happening in the Economy and the Capital Markets: 2/8/21 – 2/12/21
Executive Summary Rising input prices are impacting companies, yet the markets continue their rebound as Congress moves closer to enacting
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This Just In: IRS Extends Relief for Opportunity Zone Investors
Nearly one year after the start of the COVID-19 pandemic, the United States economy is still reeling from the effects
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Why Waiting to File Your Taxes May Net You More COVID Relief
It’s that time of year again: tax season. The 2021 filing season officially began on Friday, February 12, amid continued
Coronavirus
Unpacking the latest Updates of the Paycheck Protection Program: 2/9/2021
The SBA continues to release new guidance for the Paycheck Protection Program (PPP) to carry out the changes for
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Unpacking the Latest Updates of the Paycheck Protection Program: 2/2/2021
The SBA continues to release new guidance for the Paycheck Protection Program (PPP) to carry out the changes for
Coronavirus
Breaking Down the Employee Retention Credit
The Employee Retention Credit (ERC), a payroll tax credit can be worth up to $19,000 per employee, was significantly
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The Pulse – What’s Happening in the Economy and the Capital Markets Dates covered: 2/1/21 – 2/5/21
Executive Summary It was a strong week in the markets, reflecting a good earnings season — but with the positive
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More Businesses Stand to Benefit From the ERC — Here’s Why
Businesses, you can breathe easy: more relief is on the way, thanks to changes to the Employee Retention Credit (ERC).
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Claiming Employee Retention Credits with a PPP Loan
In our previous article, we discussed the new enhancements to the Employee Retention Credit (ERC), compliments of the Consolidated Appropriations
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Unpacking the Latest Updates of the Paycheck Protection Program: 1/26/2021
The SBA continues to release new guidance for the Paycheck Protection Program (PPP) to carry out the changes for
Coronavirus
The Pulse – What’s happening in the Economy and the Capital Markets: 1/25/21 – 1/29/21
Executive Summary We are recapping a week that saw election passions reach the capital markets, as retail investors overturned the
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The Pulse – What’s happening in the Economy and the Capital Markets : 1/18/21 – 1/22/21
Executive Summary The economy and the markets are continuing their healthy start to the year — recent government data shows
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New PPP Loan Forgiveness Applications: Key Takeaways for Businesses
On January 19, 2021, the U.S. Small Business Administration (SBA) released three revised Paycheck Protection Program (PPP) loan forgiveness applications
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The Key Reporting Changes Provider Relief Fund Recipients Should Know for 2021
The Key Reporting Changes Provider Relief Fund Recipients Should Know for 2021 Healthcare providers that received Provider Relief Fund (PRF)
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Webinar: Examining PPP Updates for Your Dental Practice – January 15, 2021
Learn how the latest stimulus bill can affect your dental practice The Consolidated Appropriations Act, 2021 (the Act) was passed
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Proposed Rule Aims to Crackdown on Crypto Loopholes
As virtual currency’s popularity grows, so does the scrutiny around it. In recent years, the IRS has been more committed
Coronavirus
The Pulse – What’s happening in the Economy and the Capital Markets: 1/11/21 – 1/15/21
Executive Summary Economically-sensitive stocks and commodities performed well, though overall market results were mixed for the week. Government data mirrors
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SBA Updates Guidance on Calculating PPP Loan Amounts
On January 19, 2021, the U.S. Small Business Administration (SBA) provided the guidance, “How to Calculate Revenue Reduction and Maximum
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Provider Relief Fund Reporting Portal Now Open; Reporting Deadline Delayed
Recipients of Provider Relief Fund (PRF) payments exceeding $10,000 in aggregate must register through the Provider Relief Fund Reporting Portal
Coronavirus
The Newly Extended Solar Investment Tax Credit Can Brighten Your Business
Despite the news coverage, the Consolidated Appropriations Act, signed by President Trump on Sunday, December 27, 2020, contains more legislation
Coronavirus
SBA Establishes Procedures for Increasing First Draw PPP Loans
On January 13, 2021, the U.S. Small Business Administration (SBA) issued a Procedural Notice (the Notice) – First Draw Paycheck
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SBA Announces PPP Portal Access for All Lenders
On January 13, 2021, the U.S. Small Business Administration (SBA) announced that the portal to accept Paycheck Protection Program (PPP)
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EIDL Advances No Longer Reduce PPP Loan Forgiveness
On January 8, 2021, the U.S. Small Business Administration (SBA) issued a Procedural Notice (the Notice) – Repeal of Economic
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Webinar: New PPP & ERC Implications for Manufacturers
Plant shutdowns, employee furloughs, limitations on import/export activity, and more have disrupted manufacturing operations and profitability. Much needed relief may