by Paula Kennedy, EA | Mar 23, 2021 | Tax
The new American Rescue Plan Act (ARPA) provides eligible families with an enhanced child and dependent care credit for 2021. This is the credit available for expenses a taxpayer pays for the child care of qualifying children under the age of 13 so that the taxpayer...
by Brian Hare, CPA, CGMA | Mar 16, 2021 | Tax
President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. While the new law is best known for the provisions providing relief to individuals, there are also several tax breaks and financial benefits for businesses. Here are some of the tax...
by Brian Hare, CPA, CGMA | Apr 11, 2020 | COVID-19
Due to the coronavirus (COVID-19) pandemic, employers are now faced with many challenges with their workforces, including responding to changes in employee benefits programs, such as DCAP elections. In response, they have many questions. Here’s one question from...