United States
SBA releases draft application as well as a program guide for the Restaurant Revitalization Fund. Potential applications should review.
The Restaurant Revitalization Fund is coming – SBA website soon to be operational – applicants should be ready.
IRS Issued Notice 2021-24 to extend relief for failure to deposit employment taxes for employers anticipating credits.
Budget bill increases personal and corporate tax rates, enacts a SALT deduction workaround and makes other changes to the tax code.
In this issue, we discuss updates to regulations that may affect you and your retirement plan. Learn more now.
The IASB has extended the application period for the IFRS 16 practical expedient for covid-19-related rent concessions.
Construction firms forced to reduce or cancel operations by jurisdictional order may meet employee retention credit eligibility requirements
Notice 2021-25 provides temporary relief on deductions for food or beverage under the Taxpayer Certainty and Disaster Relief Act.
The need for forensic accountants to investigate the financial distress caused by the pandemic will grow in the post-pandemic environment.
The Relief Act made changes on how the Employee Retention Tax Credit works during the first two quarters of 2021.
Comprehensive legislation addresses conformity, Paycheck Protection Program expense deduction, CAT exclusions and pass-through withholding.
Near term, headlines for REITs may remain challenging, especially as pandemic recovery efforts ebb and flow. Learn more.
Expanded FAQs further clarify that institutions do not report grant funds paid to students, and students do not include amounts in income.
This Alert describes and explains the postponement of certain federal tax filing and payment deadlines in IRS Notice 2021-21.
Kentucky passes a series of tax bills intended to attract cryptocurrency miners with new exemptions and credits.
PPP extension clears Senate. Program to be extended to May 31, with 30 days provided after May 31 for SBA to process pending applications.
What are the top issues for middle market retailers? From labor challenges to business transformation, there’s plenty in the cart.
In response to the pandemic, the Canadian government introduced support programs that could benefit U.S. multinationals.
Our white papers have been updated with more information regarding the accounting for PPP loans and the Employee Retention Credit.
Managing significant tax changes will ensure individuals and businesses are positioned for success for the remainder of 2021 and beyond.