Taxes
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An Increase in Customer Theft is Increasing Restaurant Prices
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
B2B Virtual Events are Here to Stay – Know the Tax Implications
In the best-case scenario, businesses may be able to host and attend scaled-down in-person events sometime this summer. If the virus resurges in September, as some experts believe it will, in-person events may not resume before the spring or summer of ...
Loan Forgiveness Rules Under the Paycheck Protection Program and Next Steps
You already play a key role in advising your clients on their taxes, so spend the extra time to advise on how to keep track of their PPP loans. Spending time on the front end setting up the recordkeeping and processes will save a lot of time in the ...
3 Tax Credits for Businesses Impacted by Covid-19
The employee retention credit is designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19.
63% of Office Workers Say They Are Fine Doing Jobs At Home; 60% Enjoy No Commute
How have office workers been holding up during the coronavirus crisis? And how do they feel office life will change once workplaces reopen?
Still Waiting on Your IRS Coronavirus Stimulus Payment? Here’s Some Help
Are you still waiting for your stimulus payment due to a recent address change or no or outdated direct deposit information on file with the IRS? You may have to wait a little longer.
Most PPP Applicants Still Face Uncertainty on Loans
As the second round of funding for the Paycheck Protection Program (PPP) became available on April 27, 62 percent of PPP loan applicants were still waiting for funding or approval, according to new research from Paychex, Inc.
Some IRS Coronavirus Stimulus Payments Are Still Being Delayed
Are you still waiting for your stimulus payment due to a recent address change or no or outdated direct deposit information on file with the IRS? You may have to wait a little longer.
Businesses with Forgiven PPP Loans Will Lose Tax Deductions
Small businesses that manage to get their Paycheck Protection Program loans forgiven may find themselves losing valuable tax breaks, according to new guidance from the Internal Revenue Service.