ACTION REQUIRED! We strongly recommend all individual taxpayers apply for an IRS issued Identity Protection Personal Identification Number (IP PIN). This should be done before the IRS opens up e-filing...
(authored by RSM US LLP) Treasury Department and SBA announce reopening dates for Paycheck Protection Program - Jan. 11, 2021 and Jan. 13, 2021....
Recovery Rebate Stimulus Payments and Credits December 2020 Stimulus Payments The bill provides a refundable tax credit in the amount of $600 per eligible family member. The credit is $600 per...
This may be one of the most important sections of the December 2020 Tax Act for Businesses. It may provide significant tax credits on Forms 941 and 944. Original Employee Retention...
Bonus Depreciation for Qualified Improvement Property – Technical Error Fixed Due to a technical error in the December 2017 tax act, qualified improvement property placed in service after December 31, 2017,...
Paycheck Protection Program – December 2020 Changes The Consolidated Appropriations Act changes the PPP Loan Program primarily in three ways. First, the Act allows new PPP loan applications to be submitted...
Austin, TX is filled with amazing and inspiring non-profits. It has been our privilege to connect with and volunteer alongside some of these organizations in 2020. One of our Winter 2020...
On Dec. 22, 2020, Congress passed the latest COVID-19 Relief Bill. This is the largest bill ever passed by Congress at over 5,500 pages. It contains over $900 billion of...
