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The Internal Revenue Service (IRS) has recently issued Notice 2021-49 which provides some answers to questions that have been raised…

On Thursday, March 11, President Biden signed the American Rescue Plan Act of 2021 (“the Act”) into law. In addition…

On March 1, the IRS issued Notice 2021-20 which provides guidance on how to treat wages that may be eligible…

The Taxpayer Certainty and Disaster Tax Relief Act of 2020 (“TCDTRA”) that was passed on December 27, 2020 contains several…

On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (“CAA”) into law. The CAA contains both the…

According to the U.S. Bureau of Labor Statistics’ October 2020 report, there are currently 11.1 million unemployed. With the abundance…

Melisa SirakDecember 3, 2020

The SBA has previously stated that PPP Loans over $2 million, including affiliates, would be under much more scrutiny. In…

Dan FiorentinoNovember 11, 2020

Several weeks ago President Trump signed an Executive Order permitting the deferral of the employee portion of certain payroll taxes…

The US Federal Reserve at long last launched its Main Street Lending Program on Monday after making numerous changes to…

Ed WilkinJune 16, 2020

On June 5, 2020 President Trump signed the Paycheck Protection Program Flexibility Act (PPPF). This highly anticipated guidance provided businesses…