January 11, 2021 12:16 pm
Published by Anthony Longano
The Employee Retention Tax Credit (ERC) was originally enacted by the CARES Act (PPP1) and is a refundable tax credit... View Article
January 11, 2021 12:15 pm
Published by Anthony Longano
The CARES act authorized the SBA to make loans to qualified businesses under certain circumstances. The Act established the Paycheck... View Article
January 11, 2021 12:14 pm
Published by Anthony Longano
Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments (EIP) as part of... View Article
December 28, 2020 2:12 pm
Published by Anthony Longano
On December 21, 2020, Congress passed legislation that would provide tax and direct spending relief for business and individuals affected... View Article
December 14, 2020 3:42 pm
Published by Anthony Longano
Dear Clients and Colleagues, Last year’s Tax Cuts and Jobs Act (TCJA) of 2019 was the most sweeping tax reform... View Article
November 23, 2020 10:01 am
Published by Anthony Longano
In the original CARES act legislation, the intent was for the Paycheck Protection Program (PPP) forgiveness to be a non-taxable... View Article
October 28, 2020 2:57 pm
Published by Anthony Longano
Recipients of Paycheck Protection Program (PPP) loans of $50,000 or less will be able to apply for forgiveness using a... View Article
October 28, 2020 2:56 pm
Published by Anthony Longano
Included in the massive CARE bill are several relief provisions for retirement accounts. The one that will affect most retirees... View Article
October 28, 2020 2:54 pm
Published by Anthony Longano
The Federal Tax Cuts and Jobs Act of 2017 (“TCJA”), which was enacted at the near end of 2017, created... View Article
October 28, 2020 2:53 pm
Published by Anthony Longano
The covered period is either the 24-week period beginning on the loan disbursement date or if the borrower received the... View Article