Infrastructure Bill Passed Ends Employee Retention Tax Credit February 19, 2024 By: Mark E. Rapson The much-debated Infrastructure Investment and Jobs Act, approved by the Senate in August, was passed … Read More
ERTC Tax Credit Qualifications: Are You Eligible for Employee Retention Benefits? February 6, 2024 The “Consolidated Appropriations Act, 2021”, signed into law on December 27, 2020, contained an important … Read More
Business and Family Tax Relief Bills May Impact 2023 Fillings February 2, 2024 In a significant milestone, HR 7024 garnered a resounding 357-70 vote in the House, propelling … Read More
Key 1099 Filing Insights: Stay Informed on Important Requirements December 11, 2023 Earlier this year the Department of the Treasury and the Internal Revenue Service issued final … Read More
Understanding the Corporate Transparency Act: What Business Owners Need to Know December 5, 2023 We explore what business owners need to know about the Corporate Transparency Act, the required reporting and how to prepare for its implementation. Read More
IRS announces new income tax brackets November 13, 2023 IRS announces new income tax brackets The Internal Revenue Service recently announced the annual inflation … Read More
Don’t Snooze on the Employee Retention Credit! November 1, 2023 As we approach the end of the 2023, it is important to review your business’s … Read More
Beware of Third Party Employee Retention Credit Vendors October 27, 2023 By: Mark E. Rapson This month the IRS issued a warning to employers to be wary of third parties who are advising them to claim the Employee Retention Credit (ERC) when they may not qualify. If you have questions about what ERC best practices and business strategies apply to your organization’s situation, please contact us. We are happy to discuss your unique situation. Read More
IRS Issues Moratorium on Employee Retention Credit Claims September 15, 2023 By: Mark E. Rapson On Thursday, September 14, 2023, the Internal Revenue Service issued IR-2023-169, announcing an immediate moratorium … Read More
