PPP & ERTC: Relief Bill Considerations for Business Owners
The extension of the Paycheck Protection Program (PPP) was a welcome surprise at the end of 2020. Especially some of the provisions, like the deductibility
The extension of the Paycheck Protection Program (PPP) was a welcome surprise at the end of 2020. Especially some of the provisions, like the deductibility
Starting today, Friday, January 15th, the SBA is accepting applications for the second round of Paycheck Protection Program (PPP) funding from smaller
On December 27th, President Trump signed the COVID-Related Tax Relief Act (COVIDTRA), a $908 billion relief package, into law. Among other provisions, the legislation includes
Beginning with 2020 information reporting, the IRS is reintroducing Form 1099-NEC, a form that was previously used until the early 80’s for reporting nonemployee compensation.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) contained a provision allowing employers to defer payment of their required 6.2% portion of