Category: Tax
Individual Tax Impacts of the Consolidated Appropriations Act
The Consolidated Appropriations Act, 2021, is a COVID-relief package that includes a number of provisions…
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Biden’s Tax Plan: Democrats Have Control, But Tax Reform Details Remain Unclear
Biden has indicated that his administration may consider changes to the corporate tax rate, capital…
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Individual Tax Planning for 2021 and Beyond
As we start a new year, we wanted to share a few reminders of ways…
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Election Outcome Update: Tax Policy Post-Georgia Runoffs
With Democrats winning the Georgia Senate runoffs, we now have a better idea of what…
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IRS Rules on Federal PPP Expense Deductions; State Tax Questions Remain
The IRS issued a ruling allowing federal tax deductions for PPP expenses, but questions remain…
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New Stimulus Bill Package Extends and Expands Employee Retention Credit
The Consolidated Appropriations Act of 2021 (Act), signed into law on December 27, 2020, contains significant enhancements…
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Congress Passes COVID Relief Bill, Includes PPP Update, ERC Extension & More
Congress passed the Consolidated Appropriations Act of 2021, which includes an extension & expansion of…
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PPP2 Bill Passes, Will Allow Tax Deductibility of Loan Expenses
Congress passed a COVID relief bill that includes an extension of the PPP program and…
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Income Tax Accounting: Hot Topics for Year-End 2020
There are a number of income tax accounting considerations related to the CARES ACT provisions,…
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For Payroll Taxes, Compensation & Benefits, Year-End is Not the Same in 2020
As 2020 draws to a close, you may find that this year is not be…
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