Q1 2021 Tax Deadlines for Businesses
Here are some of the key Q1 2021 tax deadlines affecting businesses and other employers. Keep in mind that this list isn’t all-inclusive, so there may be […]
Balancing the Rights of Employers and Employees When Fraud is Suspected
Most fraud-prevention guidance advises owners and manager to monitor employees. But what exactly does this mean? Are you legally entitled to monitor employee computer […]
Can Your Business Benefit from the Enhanced Employee Retention Tax Credit?
COVID-19 has shut down many businesses, causing widespread furloughs and layoffs. Fortunately, employers that keep workers on their payrolls are eligible for a refundable Employee Retention Tax […]
SBA Re-Opening PPP for All Lenders by 1/19/2021
A 1/13/2021 U.S. Treasury Department Press Release reported that the SBA is re-opening the Paycheck Protection Program (PPP) loan portal:
SBA Announces Opening of PPP First Draw Loan Increases
A Procedural Notice has been released by the SBA to it’s employees, as well as PPP lenders related to First Draw PPP Loan increases. Under the Economic […]
California 1099-NEC Filing Requirements
In IRS Tax Tip 2020-80, the IRS explained new Form 1099-NEC, Nonemployee […]
SBA Releases Top Line Overview of First and Second Draw PPP Loans
In a Treasury Department Press Release dated 1/8/2021, the Treasury Department and Small Business Administration (SBA) have announced that the Paycheck Protection […]
SBA Releases Interim Final Rules Regarding PPP Second Draw Loans
The Treasury Department and Small Business Administration (SBA) have released Interim Final Rules (IFR) regarding the permission of “second draw loans” under the Paycheck Protection Program (PPP) recently authorized […]
SBA Releases Guidance on PPP Extension and Expansion
The Treasury Department and Small Business Administration (SBA) have released Interim Final Rules (IFR) regarding the recent extension and expansion of the Paycheck Protection Program (PPP) as […]
Temporary Relief for Employers Using Automobile Lease Valuation Rule
In response to the ongoing Coronavirus Disease 2019 (COVID-19) pandemic, IRS Notice […]
