On March 11th, President Biden signed the American Relief Plan Act of 2021 into law. Highlights of the tax provisions of the act are as follows.
Recent Updates to the Paycheck Protection Program & the Employee Retention Credit
We've summarized the latest round of PPP and the Employee Retention Credit, and are keeping an eye out for additional legislative changes.
Recent Updates to the Paycheck Protection Program
We've summarized the latest round of PPP and the Employee Retention Credit, and are keeping an eye out for additional legislative changes.
Download Our 2020 Year-End Tax Planning Letter
With the end of the year approaching, it is a good time to review your 2020 income tax situation and take steps to ensure that you are taking full ad...
IRS Updates for Taxpayers
The IRS posted an update to the webpage that describes its operations during the COVID-19 pandemic. The page notes that the IRS is working through its...
House & Senate Pass Bill to Modify PPP Loan Program
On June 3rd, 2020 the Senate passed the bill to modify the PPP Loan Program, and we expect the SBA and Treasury to issue additional guidance.
PPP Loan Forgiveness Application & Instructions Released by the SBA and Treasury Department
The SBA and Treasury have released the PPP loan forgiveness application and instructions, as well as guidance allowing for loan amounts to be increase...
SBA & Treasury Issue Updated Guidance on Good-Faith Certification of PPP Loans
The SBA and Treasury updated how they will review good-faith certification concerning the necessity of a borrower’s PPP loan request.
Indiana Department Of Revenue (DOR) Announces Additional Filing & Payment Extensions
The Indiana Department of Revenue announced additional extensions for filing & payment of certain tax returns to provide COVID-19 relief.
Urgent Notice: PPP Repayment Deadline Officially Extended by SBA
Get additional details about the Treasury and SBA have extended the safe harbor repayment date for the Paycheck Protection Program.