small business Tag

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...

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...

New 1099-NEC and other 1099 Revisions. Don’t forget, you must provide 1099s for 2020 to workers no later than Feb. 1, 2021. The forms are normally due Jan. 31, but since...