COVID-19 Pandemic Tag

Article Highlights: • Economic Impact Payments • High-Income Taxpayer Phaseout • Reconciliation • Dependents • Decedents • Social Security Number Requirements • Non-Filers and IRS Information Site • Should I file my tax return now or later The American...

The Employee Retention Credit (ERC) was introduced in March 2020 as part of the CARES Act. The ERC is a refundable payroll tax credit against employee wages designed to make...

Authored by the IRS | February 18, 2021 Earlier this month, the IRS issued notices to approximately 260,000 taxpayers stating they haven’t filed their 2019 federal tax return. These notices, referred...

(authored by RSM US LLP) Biden-Harris administration announces changes to PPP including a 14-day exclusive access period for businesses with fewer than 20 employees....