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Recent Blog Posts
SBA Changes for Independent Contractors and Sole Proprietors
The Small Business Administration (SBA) recently implemented changes to the Paycheck Protection Program (PPP) that affect self-employed individuals who applied for the loan. Sole proprietors and independent contractors have the ability to take advantage of full...
What’s Included in the American Rescue Plan Act?
Biden signed into law the American Rescue Plan Act of 2021 on March 11, 2021. The $1.9 trillion economic relief package is not the first federal legislative relief package aimed at addressing the economic fallout of the COVID-19 pandemic, but it is the first major...
Extensions of the Employee Retention Tax Credit in 2021
The Consolidated Appropriations Act, 2021 (the Act), which was signed into law in late December of 2020, created more opportunities for using the Employee Retention Tax Credit (ERC). Originally a provision of the Coronavirus Aid, Relief and Economic Security Act...
Tax Season 2021: These Tax Breaks for Individuals Were Extended Under a Recent Tax Law
On December 27, 2020, Congress passed a second Covid-19 relief bill called the Consolidated Appropriations Act, 2021 (the Act). Included in the Act is the Taxpayer Certainty and Disaster Tax Relief Act of 2020, which includes several extensions relevant to individual...
