Tax law changes in 2021 allow some added tax benefits for those donating to charity. Here are four expanded benefits. Non-itemizers get an expanded benefit. The 2017 Tax Act increased...
Authored by: W. Dale Westenskow, CPA and Greg Ward, CPA The IRS has recently released guidance to address changes made by the American Rescue Plan Act of 2021 for wages paid...
Authored by: W. Dale Westenskow, CPA, Haynie & Company Partner Paid sick and family leave tax credits Eligible employers can claim the credits for providing leave to employees to accompany a family...
(authored by RSM US LLP) We have updated two of our white papers to reflect an update in the SBA’s PPP loan FAQ for borrowers and lenders....
(authored by RSM US LLP) Rev. Proc. 2021-33 allows exclusion of PPP, restaurant revitalization and shuttered venue operator grants from ERTC gross receipts test....
(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....
(authored by RSM US LLP) Small Business Administration, in light of lawsuit, notifies PPP lenders that loan necessity questionnaire is withdrawn....
(authored by RSM US LLP) COVID-19 legislation permits taxpayers to provide tax-free payments for certain student loan payments through 2025....
