Paid Leave for Employees Impacted by COVID-19 in 2021
(authored by RSM US LLP) Some employers can give paid leave to employees impacted by COVID in 2021 and claim a payroll tax credit per the American Rescue Plan Act....
20 July, 2021
COVID-19 Pandemic Tag
SBA Formally Withdraws Loan Necessity Questionnaire
(authored by RSM US LLP) Small Business Administration, in light of lawsuit, notifies PPP lenders that loan necessity questionnaire is withdrawn....
15 July, 2021
Tax-Free Student Loan Payments
(authored by RSM US LLP) COVID-19 legislation permits taxpayers to provide tax-free payments for certain student loan payments through 2025....
08 June, 2021
Advanced Child Tax Credit Explained
The American Rescue Plan Act of 2021 brought an increase to the Child Tax Credit. Check out the following graphic for an easy to read overview. For more details on...
29 April, 2021
IRS Issues PPP Expense Deduction Safe Harbor for Fiscal Year Taxpayers
(authored by RSM US LLP) IRS safe harbor for fiscal year taxpayers on accounting period in which to deduct PPP expenses provides choices and certainty....
27 April, 2021
SBA Announces Opening Date for Restaurant Program – April 30, 2021
(authored by RSM US LLP) SBA announces opening date for Restaurant Revitalization Fund – Registration on April 30 at 9 am EDT; applications on May 3 at 12 pm EDT....
27 April, 2021
Paid Leave for Employees Impacted by COVID-19 in 2021
(authored by RSM US LLP) Some employers can give paid leave to employees impacted by COVID in 2021 and claim a payroll tax credit per the American Rescue Plan Act....
22 April, 2021
SBA Releases Draft Application and Program Guide for Restaurant Fund
(authored by RSM US LLP) SBA releases draft application as well as a program guide for the Restaurant Revitalization Fund. Potential applications should review....
19 April, 2021