AMERICAN RESCUE PLAN EXCLUSION OF UNEMPLOYMENT COMPENSATION
The American Rescue Plan Act includes changes that retroactively affect 2020 returns, including making the first $10,200 in unemployment benefits... View Article
March 18, 2021 8:08 pmCategories for Uncategorized
THE RESTAURANT REVITALIZATION FUND GRANT
Congress has authorized a grant program for restaurants, bars, breweries, food trucks and caterers, with grants awarded based on the... View Article
March 18, 2021 8:08 pmSHUTTERED VENUE OPERATORS GRANT LAUNCH
The U.S. Small Business Administration (SBA) expects to begin accepting applications in early April for the Shuttered Venue Operators Grant... View Article
March 18, 2021 8:07 pmIRS PROCESSING ISSUES
IRS is open and processing mail, tax returns, payments, refunds and correspondence. However, COVID-19 continues to cause delays in some... View Article
February 21, 2021 2:30 pmTAX FILING SEASON TO BEGIN FEBRUARY 12
The IRS announced last week that it will begin accepting and processing 2020 tax returns on February 12, 2021, two... View Article
February 21, 2021 2:11 pmECONOMIC IMPACT PAYMENTS
First Economic Impact (Stimulus) Payment Most eligible taxpayers have received their first Economic Impact Payment. If you didn’t get the... View Article
February 21, 2021 2:10 pmOhio Minimum Wage For 2021
As of January 1, 2021, the minimum wage for non-tipped employees in Ohio will rise from $8.70 to $8.80 per hour,... View Article
February 21, 2021 2:07 pmOHIO IDENTITY THEFT UNEMPLOYMENT 1099-G’ ISSUED
If you received unemployment in 2020 you will be receiving a 1099-G tax form in the mail sometime this month,... View Article
February 21, 2021 2:06 pmStandard Mileage Rates
The following table summarizes the optional standard mileage rates for employees, self-employed individuals, or other taxpayers to use in computing the deductible... View Article
February 21, 2021 2:04 pmConsolidated Appropriations Act Expands Employee Retention Tax Credit
The Employee Retention Tax Credit (ERC) was originally enacted by the CARES Act (PPP1) and is a refundable tax credit...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 12:16 pm
