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As we start the new year, hopefully fresh from all the tax drama, we can at least take a deep breath and rejoice about some COVID-19 tax relief. On Sunday, Dec. 27, 2020, the president signed into law what is called the Consolidated Appropriations Act (CAA), a combination of COVID-19 relief along with many other provisions amongst the 5,593 pages.
View MoreThe AICPA recently sent a letter to the Small Business Administration (SBA) raising concerns about the challenges small businesses are facing with the current Paycheck Protection Program (PPP) loan application system.
View MoreThe IRS recently explained how corporations may qualify for the new 100 percent limit for disaster relief contributions and offered a temporary waiver of the recordkeeping requirement for corporations otherwise qualifying for the increased limit.
View MoreThe IRS urges employers to take advantage of the newly extended employee retention credit, designed to make it easier for businesses that, despite challenges posed by COVID-19, choose to keep their employees on the payroll.
View MoreThe U.S. Small Business Administration and Treasury recently released updated Paycheck Protection Program loan forgiveness applications, rules and calculations.
View MoreWhile companies continue to innovate ways to manage their businesses during the pandemic, they have also had to pivot on how they interview candidates and the recruiting process as a whole.
View MoreThe IRS recently announced that the tax filing season will begin on Friday, Feb. 12, 2021, when the agency will begin accepting and processing 2020 tax year returns.
View MoreThe U.S. Small Business Administration and Treasury recently announced that the application window for Paycheck Protection Program forgivable loans will open at 9 a.m. ET on Friday, Jan. 15 for lenders with $1 billion or less in assets.
View MoreTuesday, Jan. 12 was the first day of the 112th Tennessee General Assembly.
View MoreThe Paycheck Protection Program (PPP) reopened Monday, Jan. 11 for select lenders and borrowers.
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