Employee Retention Tax Credit: Extra Cash for Struggling Businesses

Employee Retention Tax Credit: Extra Cash for Struggling Businesses

What’s going on with the ERTC? It has been extended through the end of 2021, more employers are eligible to claim it, and the amount of the credit is greater, especially for employers hit especially hard by the pandemic. Is it worth looking into? Definitely. Keep...
IRS Extends 2020 Individual Income Tax Filing Deadline

IRS Extends 2020 Individual Income Tax Filing Deadline

As a response to the unprecedented Covid crisis, yesterday the IRS extended the filing due date for 2020 individual income tax returns from April 15, 2021 to May 17, 2021. This extension is automatic and applies to 2020 federal individual income tax returns only....