How do I apply for ERTC tax credits? My revenue in Q1 2021 is back to pre-pandemic levels - so I must be ineligible - right? I thought payroll taxes deferred in 2020 had to be re-paid. Does ERTC work the same way? Why isn't my bank (or my CPA) talking about this?
On March 25, 2020, the U.S. Senate voted unanimously (96-0) to pass the Coronavirus Aid, Relief, and Economic Security (CARES) Act as an attempt to...
(U.S. Vice President Mike Pence attends a press conference on the COVID-19 at the White House in Washington D.C. March 9, 2020. U.S. President Donald Trump said Monday that his administration will ask Congress to approve a possible payroll tax cut and provide "very substantial relief" ...
How do I apply for ERTC tax credits? My revenue in Q1 2021 is back to pre-pandemic levels - so I must be ineligible - right? I thought payroll taxes deferred in 2020 had to be re-paid. Does ERTC work the same way? Why isn't my bank (or my CPA) talking about this?
As part of H.R. 6201, Families First Coronavirus Response Act, that was signed into law on March 18th, 2020, two refundable payroll tax credits became available to small employers as part of a mandated two-week paid leave policy.
3.Refundable Tax Credits- Employers may also take advantage of certain refundable tax credits available for payroll taxes for employees impacted by Covid-19. 4.General Relief- If you simply need assistance with resolving issues with the Internal Revenue Service (IRS), we resolve issues, including...
tax credits for employers and families, another round of direct payment for Americans and an expansion of vaccinations and virus-testing programs. This relief package may be the last package to focus on immediate financial relief provisions. Subsequent packages will be long-term and aimed...
Among several tax changes in the CARES Act are two providing payroll tax relief for many employers. This webinar explains the employee retention payroll tax credit and the delay for depositing payroll taxes. These rules interact with other credits and tax rules as well as the Families First Coro...
Your clients need your help finding their way through the maze of financial relief options included in the COVID-19 stimulus bills. Here are 4 ways to help.
This guide explains the stimulus and relief efforts undertaken by the U.S. government during the COVID-19 crisis. Learn more about the support for business and employment.