The Consolidated Appropriations Act, 2021 (the Act), signed into law on Dec 27, 2020, extends and enhances several aspects of the employee retention tax credit initially enacted under the CARES Act in 2020.
Join this informational webinar to learn about the second round of Payroll Protection Program, the Employee Retention Credits, and how these could affect your business.
The Comptroller of Maryland has announced a new extension for filing and paying taxes and quarterly estimates.
Starting with the 2020 tax year, business taxpayers must report nonemployee compensation of more than $600 on new Form 1099-NEC instead of Form 1099-MISC.
The nearly 6,000-page Bill passed with overwhelming bipartisan support and was signed by the President.
The Internal Revenue Service released IRS Notice 2020-75 on November 9, 2020, clarifying its position on State and Local Tax (SALT) workaround laws passed by …