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
May 8, 2020 – The global pandemic has resulted in significant financial stress for many individuals and consequently this has caused a financial strain for…read more
April 9, 2020 – In recent days, the question arose as to whether retirement plan contributions for small businesses were covered under the CARES Act’s…read more
