Whether you were already taking advantage of the Employee Retention Credit or did not qualify, the passage of the Consolidated Appropriations Act of 2021 has brought this payroll tax credit back into the conversation. The following is intended to give you an overview... On December 27, 2020, the President signed the Consolidated Appropriations Act of 2021, in an effort to provide COVID-19 relief. While additional time is still needed to review one of the largest pieces of legislation in US history, the following are some of the key... The due date for 2020 Forms W-2, W-3, 1099-MISC, and 1099-NEC with data in box 1 for non-employee compensation is February 1, 2021, and applies to paper and electronically filed returns. Information returns are due on a calendar year basis for certain payments... The COVID-19 outbreak changed our daily routine, social life, interactions with people, commute, communication, technology, shopping, and most importantly, our working environment. Earlier this year, with the spread of COVID-19, many employers and employees have... With the application deadline for the PPP loan behind us, borrowers are now tasked with maximizing forgiveness in most cases, as well as applying for forgiveness. While the initial rules were somewhat rigid, the Paycheck Protection Program Flexibility Act of 2020,... During April of this year, our firm communicated with you regarding the relief available under the CARES Act. The IRS has issued additional guidance and here are some selected updates. These updates are overviews and do not include all details or provisions of the... 
