by Brian Hare, CPA, CGMA | Mar 24, 2021 | COVID-19
During the COVID-19 pandemic, many employees and their families have lost group health plan coverage because of layoffs or reduced hours. If your business has had to take such steps, and it’s required to offer continuing health care coverage under the Consolidated...
by Megan Kosciolek, EA, MST | Mar 17, 2021 | Business
Many businesses have retained employees during the COVID-19 pandemic and enjoyed tax relief with the help of the employee retention credit (ERC). The recent signing of the American Rescue Plan Act (ARPA) brings good news: the ERC has been extended yet again. The...
by Paula Kennedy, EA | Mar 16, 2021 | Tax
The American Rescue Plan Act, signed into law on March 11, provides a variety of tax and financial relief to help mitigate the effects of the COVID-19 pandemic. Among the many initiatives are direct payments that will be made to eligible individuals. And parents under...
by Brian Hare, CPA, CGMA | Mar 11, 2021 | Business
The U.S. economy is still a far cry from where it was before the COVID-19 pandemic hit about a year ago. Nonetheless, as vaccination efforts continue to ramp up, many experts expect stronger jobs growth and more robust economic activity in the months ahead. No matter...
by Brian Hare, CPA, CGMA | Mar 9, 2021 | Business
While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have begun launching a new small business. Many of these people start out operating as sole proprietors. Here are some tax rules and considerations involved in operating...
