The SBA Issues a Simplified PPP Loan-Forgiveness Application

The SBA Issues a Simplified PPP Loan-Forgiveness Application

PPP loan forgiveness is not a given--you must apply for it. The borrower must submit a request to the lender or the lender that services the loan.
Did you Know That the Social Security Wage Base Is Increasing in 2021?

Did you Know That the Social Security Wage Base Is Increasing in 2021?

Is your business planning payroll next year? Be aware that the Social Security wage base is increasing. The max earnings subject to SS tax will increase.
Has the IRS Cashed Your Check? The Problem Is an IRS Mail Backlog

Has the IRS Cashed Your Check? The Problem Is an IRS Mail Backlog

During the pandemic, the IRS furloughed employees or had them work from home. IRS offices remained shuttered for months. This caused an IRS mail backlog.
Tax Deductions for Charity Volunteers

Tax Deductions for Charity Volunteers

Did you volunteer time for a charity or governmental entity during the COVID-19 pandemic? You may qualify for tax deductions.
What Are the Tax Consequences of Losing Your Job?

What Are the Tax Consequences of Losing Your Job?

If you have lost your job, there are a number of tax issues you may encounter. How you deal with these issues can profoundly impact your taxes and finances.
Will Your Organization Offer Affordable Health Insurance Next Year?

Will Your Organization Offer Affordable Health Insurance Next Year?

Time to review if your organization is an applicable large employer (ALE) under the ACA. If so, is your health insurance affordable under the law?