Coronavirus Resource Hub
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The IRS released frequently asked questions regarding claiming credits under the American Rescue Plan. The FAQs provide details on the child and dependent care credit…
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The IRS began issuing refunds this week to taxpayers who paid taxes on unemployment compensation. The IRS has strived to correct unemployment compensation overpayments, which…
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The Restaurant Revitalization Fund, a $28.6 billion program from the US Small Business Administration to help eligible restaurants, bars, and other qualifying businesses impacted by…
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A safe harbor is now available to small businesses that received first-round Paycheck Protection Program (PPP) loans. The safe harbor allows recipients who filed their…
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The IRS is allowing the use of electronic signatures on certain forms until December 31, 2021. The authorization on the IRS forms was set to…
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The IRS and Treasury issued guidance, Notice 2021-25, on the temporary tax deduction for business meals. The Taxpayer Certainty and Disaster Tax Relief Act of…
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Eligible venues impacted by the COVID-19 pandemic have a new option to receive financial help starting today. The Shuttered Venue Operators Grant (SVOG) program, part…
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There is new guidance from the IRS for employers claiming the Employee Retention Credit for the first and second quarters of 2021. Notice 2021-23 states…
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Beginning in May, the IRS will automatically refund eligible taxpayers who filed their tax return and reported unemployment income before the recent changes made by…
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The IRS is extending additional tax deadlines for individuals from April 15 to May 17. The following deadlines are extended: IRAs and Roth IRAs Making…
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