Buckle Up for 2021: 4 Compliance Trends to Watch
In a matter of months, COVID-19 forced organizations to make seismic shifts in their operations. How will the legal and compliance landscape evolve?
Cafeteria-Plan DCAPs Get Temporary Boost from COVID-19 Relief Act
Employers use cafeteria plans to offer employees a menu of benefits. Among the most popular are enrollment in dependent care assistance programs (DCAPs).
Another Round of Economic Impact Payments Approved by Congress
The American Rescue Plan Act includes an economic impact payment (EIP). This will be the third round of economic impact payments since the pandemic began.
Good news! Solar Tax Credit Extended for Two Years
A federal solar tax credit fhas been extended through 2023. The credit for 2021 and 2022 is 26% of the cost of the installation. It drops to 22% for 2023.
Number of Americans Who Didn't Pay Mortgage Hit 5% in December 2020
About 5 million Americans couldn't make their rent or mortgage payments in December 2020. That is more than 5% of all renters & mortgage holders in the US.
Business highlights in the new American Rescue Plan Act (ARPA)
President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. Here's are several tax breaks and financial benefits for businesses.
Employee Retention Credit Extended Through June 2021
During the pandemic, the CARES Act created the Employee Retention Credit for 2020. As part of the CCA, the credit has been extended through June 2021.