Apr 3, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Government Contracting, Not-for-Profit, Private Equity-SBICs and Venture Capital, Tax News, Uncategorized
As a follow-up to our March 31 post on the CARES Act Paycheck Protection Program, the SBA released yesterday Final Interim Rules and an updated Paycheck-Protection-Program-Application-v3. Below are some of the highlights from yesterday’s guidance: The...
Apr 2, 2020 | Coronavirus Updates, Tax News
The Employee Retention Credit is a fully refundable tax credit for employers equal to 50 percent of qualified wages (including allocable qualified health plan expenses) that Eligible Employers pay their employees. This Employee Retention Credit applies to qualified...
Mar 31, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Private Equity-SBICs and Venture Capital, Real Estate, Tax News
The U.S. Treasury today announced new information regarding the Paycheck Protection Program, a part of the $2 trillion CARES Act stimulus package that has garnered a lot of attention since it was signed into law on Friday. The Paycheck Protection Program (“PPP”)...
Mar 31, 2020 | Accounting & Audit Updates, Featured News and Events, Tax Due Dates, Tax News
IRS Tax Update: Please see below for the most up-to-date information for the IRS, DC, MD and VA tax filing deadlines for the 2019 tax year. We will continue to update you as we get more information on tax return filing and payment due dates. If you have any...
Mar 30, 2020 | Coronavirus Updates, Coronavirus Updates, Featured News and Events, Not-for-Profit, Tax News
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law by President Trump on March 27th. The CARES Act is a $2.2 trillion relief bill which is aimed at providing relief to businesses and individuals in response to the coronavirus...
Mar 30, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Featured News and Events, Tax News
The Coronavirus Aid, Relief and Economic Security (CARES) Act is a $2 trillion stimulus package that provides financial relief to individuals, families and businesses. The CARES Act was signed into law on Friday, March 27, and builds on two former pieces of...
