MA Clarifies 2020 Tax Treatment of PPP Income, EIDL Grants, & SBA Debt Relief Subsidies
On April 1, 2021, the Commonwealth of Massachusetts passed amendments to House bill No. 89, An Act Financing a Program for Improvements to the Unemployment
On April 1, 2021, the Commonwealth of Massachusetts passed amendments to House bill No. 89, An Act Financing a Program for Improvements to the Unemployment
Maine has two programs targeted specifically to helping new and established businesses invest for growth by allowing them to recoup local property taxes paid on eligible business equipment and property.
In a continued joint effort to streamline the Tax Capital Reporting Requirement for partnerships, The U.S. Treasury and IRS recently provided additional penalty relief for
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.
As tax planners, we are familiar with the uncertain world of predicting future events and their related tax consequences. In working with businesses who obtained
On April 1, 2021, the Commonwealth of Massachusetts passed amendments to House bill No. 89, An Act Financing a Program for Improvements to the Unemployment
Maine has two programs targeted specifically to helping new and established businesses invest for growth by allowing them to recoup local property taxes paid on eligible business equipment and property.
In a continued joint effort to streamline the Tax Capital Reporting Requirement for partnerships, The U.S. Treasury and IRS recently provided additional penalty relief for
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.
As tax planners, we are familiar with the uncertain world of predicting future events and their related tax consequences. In working with businesses who obtained