Tax Alert: IRS Extends Tax Deadline Until May 17
IRS Extends Tax Deadline Until May 17 The Internal Revenue Service has extended the tax-filing deadline after heavy pressure from [...]
President Biden signs American Rescue Plan Act of 2021
$1.9 trillion COVID-19 relief plan with broad individual relief and new coronavirus-related funding enacted into law.
Help Providing Employees With COVID-19 Paid Leave Gets Extended
Help Providing Employees With COVID-19 Paid Leave Gets Extended The Emergency Coronavirus Relief Act of 2020 extends until March 31 [...]
Fraudulent Unemployment Claims are on the Rise
Fraudulent Unemployment Claims are on the Rise Employers in New York State (NYS) and across the country are starting to [...]
Webinar: Stimulus Bill Update
On-Demand Webinar: Stimulus Bill Update Recorded on January 15, 2021, 10:00 AM to 11:00 AM ET Presented by: Timothy [...]
Prep Now to Take Advantage of New Tax Credits for Nonprofits
Prep Now to Take Advantage of New Tax Credits for Nonprofits To take advantage of the Employee Retention Credit that [...]
COVID-19 Relief Bill
The U.S. Senate and House of Representatives passed a $900 billion COVID-19 relief bill last night. The bill goes to President Donald Trump [...]
3 Nonprofit Programming Goals for the New Year
Nonprofits had to rethink and revise their 2020 programming because of the COVID-19 pandemic. As we head into 2021, one [...]
PPP borrowers may need to extend returns and forgiveness applications
PPP borrowers, especially fiscal year taxpayers, should consider extending tax returns and delay loan forgiveness filing (unless necessary).
Tax Policy Now: Year-end tax planning and Paycheck Protection Program
PPP borrowers cannot deduct business expenses funded by a forgiven loan, but additional legislative action could permit such deductions.