Tag: CARES Act

5 Tax Accounting Method Changes Cash Flow Savings
5 Tax Accounting Method Changes That Can Generate Savings and Cash Flow

Cash flow preservation remains an important focus for many companies as the COVID-19 pandemic continues…

Read More
erc guidance
IRS Issues Guidance for Claiming Employee Retention Credit in 2021

The IRS issued additional guidance for businesses claiming the employee retention credit for the first…

Read More
private equity roi erc
How Private Equity Funds Can Leverage the Employee Retention Credit

Private equity funds may generate cash by claiming the recently enhanced employee retention credit (ERC)…

Read More
COVID Relief Package
Comprehensive COVID-19 Relief Package Enacted

The latest COVID-19 relief package provides relief to individuals and small businesses, including updates to…

Read More
FAQs for Retirement Plan Sponsors & Employees on CARES Act Relief
FAQs for Retirement Plan Sponsors and Employees on CARES Act Relief

The CARES Act was a rapid response by the federal government to help businesses and…

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
Individual Impact of Recent Stimulus Bill
Individual Tax Impacts of the Consolidated Appropriations Act

The Consolidated Appropriations Act, 2021, is a COVID-relief package that includes a number of provisions…

Read More
Paycheck Protection Program
PPP Round 2: Key Details & Loan Eligibility Requirements

New PPP funding is available for businesses impacted by COVID-19. Here is a summary of…

Read More
PPP and State Tax Implications
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…

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