News Category: Tax Advisory: U.S. Federal

Image of the U.S. Congress building from currency
October 14, 2021

Debate continues in Congress over proposed tax changes

Negotiations continue in Washington, D.C., over the future of President Biden’s agenda. Tax law changes may be ahead under two … Read more…

Image of a mountain road with caution signs
September 17, 2021

Disasters and your taxes: What you need to know

Homeowners and businesses across the country have experienced weather-related disasters in recent months. From hurricanes, tornadoes and other severe storms … Read more…

Image of tax forms for employee retention
August 10, 2021

IRS Issues ERC Guidance as Congress Mulls Early Termination

The IRS has published new guidance on the Employee Retention Credit (ERC). The credit was created in March 2020 to … Read more…

Image of PPP Forgiveness paperwork
August 2, 2021

PPP Forgiveness & Repayment: What Businesses Need to Know Now

A critical deadline is approaching for many of the businesses that have received loans under the Paycheck Protection Program (PPP), … Read more…

July 1, 2021

Affordable Care Act Stands After Supreme Court Ruling

In recent years, many taxpayers and CPA firms filed protective claims to amend tax returns for potential changes to the … Read more…

June 25, 2021

IRS to Begin Advance Child Tax Credit Payments July 15

On July 15, millions of eligible families across the US will receive their first advanced payment for the expanded Child … Read more…

Image of document detailing the American Rescue Plan Act
May 25, 2021

Tax Provisions in the American Rescue Plan Act

The American Rescue Plan Act has been signed into law and the Act included several tax provisions.  Here are some … Read more…

March 18, 2021

Individual Tax Filing Deadline Moved to May 17th

The IRS announced on Wednesday March 17th, 2021 that the federal income tax filing due date for individuals for the 2020 … Read more…

Image of a computer keyboard with a key that reads "PPP Paycheck Protection Program"
March 1, 2021

PPP Exclusive 14-Day Small Business Window in Process Now

The White House announced Monday that beginning February 24 and ending March 9, an exclusive 14-day window would open up for … Read more…

January 23, 2021

Don’t Miss Out on Next Wave of PPP Funding

The enactment of the Consolidated Appropriations Act of 2021 (CAA) has provided much needed relief to struggling business owners in … Read more…

No post found..