Employee Benefit Plans

Accounting estimates present challenges in times of uncertainty

In today’s unprecedented market conditions, it can be challenging to predict metrics that underlie your company’s accounting estimates. Examples of…

7 Valuable Deductions for Self-Employed Individuals

If your business was forced to close due to the pandemic, you may be itching to get back in the…

Plan ahead for the 3.8% Net Investment Income Tax

High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there…

UPDATE: Paycheck Protection Program - Extended to May 31

UPDATE: Paycheck Protection Program – Extended to May 31

On March 30, 2021, President Biden signed the PPP Extension Act of 2021 into law, extending the Paycheck Protection Program…

US Capitol

American Rescue Plan Act of 2021

On March 11, 2021, President Biden signed into law the $1.9 trillion American Rescue Plan Act of 2021. The legislation…

IRS Extends Deadline

Many news agencies, late yesterday and this morning, have been reporting the IRS is planning to extend the April 15,…

Tax Tips

4 Important Changes on Your 2020 Tax Return

Tax season has started. Your tax professional is ready to prepare your 2020 federal and state returns — but are…

Updates to PPP Loan Amounts for Schedule C Filers

On March 3, 2021, the Small Business Administration released new Frequently Asked Questions, Interim Final Rules and multiple new forms…

Uncertain PPP Taxation for State Taxes

Uncertain PPP Taxation for State Taxes In late December 2020, taxpayers received resolution that they would not only be exempt…

Webinar: The Employee Retention Credit: New Rules and Greater Impact

The Employee Retention Credit (ERC), a lucrative credit, was not utilized by many in 2020. Previously, the credit was not…