Tag: business tax

ERC_FAQS
Employee Retention Credit FAQs Released for 2020 Claims

IRS issued new FAQs describing retroactive changes to the ERC under the new law for…

Read More
R&D Tax Credit and Employee Retention Credit
Interplay of PPP and ERC with the R&D Tax Credit

The CAA addresses the interplay for businesses that intend to claim both the ERC and…

Read More
Transfer Pricing and LIBOR Transition
Transfer Pricing Considerations for LIBOR Transition

Given the scope of the impact of the LIBOR phase-out at the end of 2021,…

Read More
Biden's Tax Plans: Policy Changes Unclear
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…

Read More
Election Outcome, Democrats Take Senate
Election Outcome Update: Tax Policy Post-Georgia Runoffs

With Democrats winning the Georgia Senate runoffs, we now have a better idea of what…

Read More
Employee Retention Credit Expansion
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…

Read More
COVID Relief Bill
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…

Read More
New PPP Funding Coming + Tax Deductibility
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…

Read More
Income Tax Accounting for Year-End
Income Tax Accounting: Hot Topics for Year-End 2020

There are a number of income tax accounting considerations related to the CARES ACT provisions,…

Read More
Year-End Payroll Taxes, Compensation & Benefits
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…

Read More