Ideas & Insights

Understanding economic conditions and the impact on business risk, as well as the effect of the pandemic and the economic concerns of 2020.

Electing employers may withhold income tax from employee wages as if the wages were earned from work performed at a primary work location.

The OECD’s guidance illustrates how the pandemic may impact arm’s length results, including lower profits and even losses.

Plan sponsor actions to incorporate the provisions of the SECURE and CARES Acts into their plan documents and plan administration.

Coronavirus: Paycheck Protection Program forgiveness digital automation solutions designed for financial institutions.

States may not allow the gross income tax exclusion provided by the federal program, resulting in taxable discharge of indebtedness income.

Employers impacted by COVID-19 may be eligible for payroll tax credits and deferrals reportable on their quarterly payroll tax returns.

Our coronavirus white paper has been updated for financial reporting matters related to the Consolidated Appropriations Act, 2021.

The Employee Retention Tax Credit was significantly expanded by the federal relief and stimulus package finalized Dec. 27, 2020.

Our article discusses weighting evidence in discerning whether a valuation allowance should be recognized for deferred tax assets.

A roundup of considerations for companies while preparing income tax provisions for the year-ended Dec. 31, 2020.

To be successful, middle market organizations need to start thinking about how to further operationalize their collaboration.

Paycheck Protection Program (PPP) loan recipients may now qualify for the employee retention tax credit based on new legislation signed.

Treasury Department and SBA announce reopening dates for Paycheck Protection Program - Jan. 11, 2021 and Jan. 13, 2021.

Georgia has expanded the state jobs tax credit to apply to businesses hiring telecommuting employees in 2020 or 2021.

SBA releases two PPP reopening guidance packages. The first round of guidance provides information for new PPP borrowers.

SBA releases two PPP reopening guidance packages. The second guidance package provides information for eligible second draw PPP borrowers.

Year-end stimulus legislation extends Paycheck Protection Program and expands eligibility for exempt organizations.

In response to the COVID-19 pandemic, Notice 2021-7 allows taxpayers to switch valuation methods for employer-provided vehicles.

The Act does not lengthen CARES Act COVID plan relief, but offers relief for non-COVID disasters, partial terminations and pension plans.