ARTICLE | September 19, 2023 Authored by RSM US LLP The employee retention credit (ERC or ERTC) was originally enacted in the CARES Act in…read more

ARTICLE | September 15, 2023 Authored by RSM US LLP Executive summary: ERC moratorium On Sept. 14, the IRS announced it will stop processing any…read more

Published January 25, 2021 – New York State has recently ruled that it will follow the Federal tax treatment of the Paycheck Protection Program (PPP)…read more

Published January 4, 2021 – On December 27, President Trump signed into law the Consolidated Appropriations Act, 2021.  The Act includes extensions for some of…read more

Published December 23, 2020 – Early in the morning on December 22 Congress passed the Consolidated Appropriations Act, 2021.  The Act contains many provisions to…read more

December 2, 2020 – The Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L. 116-136) has enacted a qualified charitable contribution deduction for individuals who…read more

Published November 23, 2020 – As we approach the end of 2020, millions of American businesses will soon need to make decisions on how to…read more

Published November 19, 2020 – On Thursday (November 19, 2020) the Internal Revenue Service provided clarification on the Paycheck Protection Program (PPP) and the taxability…read more

Published May 20, 2020 – Due to COVID19 campus closures, colleges and universities are issuing refunds of room and board and fees.  We’ve received many…read more

Published May 13, 2020 – Employers may be eligible to claim a refundable tax credit against certain employment taxes during the COVID-19 crisis if: Business…read more