by Brian Hare, CPA, CGMA | Jan 19, 2021 | Business, COVID-19
The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re fortunate to get PPP loans to help during the COVID-19 crisis (or you received one last year), you may wonder about the tax...
by Brian Hare, CPA, CGMA | Jan 12, 2021 | Tax
COVID-19 has shut down many businesses, causing widespread furloughs and layoffs. Fortunately, employers that keep workers on their payrolls are eligible for a refundable Employee Retention Tax Credit (ERTC), which was extended and enhanced in the latest law....
by Brian Hare, CPA, CGMA | Jan 7, 2021 | COVID-19
Congress recently passed, and President Trump signed, a new law providing additional relief for businesses and individuals during the COVID-19 pandemic. One item of interest for small business owners in the Consolidated Appropriations Act (CAA) is the opportunity to...
by Brian Hare, CPA, CGMA | Jan 4, 2021 | Business, COVID-19
The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to the pandemic. It also contains numerous tax breaks for businesses. Here are some highlights of the Consolidated Appropriations Act of 2021 (CAA),...
by Brian Hare, CPA, CGMA | Jan 4, 2021 | Business
Some might say the end of one calendar year and the beginning of another is a formality. The linear nature of time doesn’t change, merely the numbers we use to mark it. Others, however, would say that a fresh 12 months — particularly after the arduous,...
