Skip to content

Blog Day: March 4, 2021

stack of sticky notes with "tax credit" written on top

How to Apply for the Employee Retention Credit and get a Refund for Your Business

Did you have payroll expenses last year? Will you have payroll expenses first or second quarter of 2021? Was your company struggling during the pandemic and is it continuing to
person in suit with hands around a hovering employee icon

Employee Retention Credit

The IRS recently came out with Notice 2021-20 providing guidance on the employee retention credit. This guidance is specific to 2020, but the concepts can also be applied to 2021.
closed restaurant with chairs placed on top of tables

Shuttered Venue Operator Grants – Important Considerations

The Shuttered Venue Operator Grant (SVOG) program was established as part of the Economic Aid Act signed into law on December 27th, 2020.  The program was allocated $15 billion in
"ppp loan" written on a chalkboard

PPP Updates and Considerations

On February 22nd, the Biden administration announced that PPP loans would be made exclusively available to employers with less than 20 employees beginning February 24th through Tuesday, March 9th.  This
"Recovery" written in large letters on a road

EIDL Targeted Grant Advances – How do I get one?

Additional funding was made available for the Economic Injury Disaster Loan (EIDL) Advance program with the Economic Aid Act signed into law on December 27th.  However, with this round, the
stack of documents with "schedule c" printed on top

Schedule C Filers Now Eligible for Larger PPP Loans

On Wednesday, March 3rd, the SBA and Treasury released a new Interim Final Ruling (IFR) that details previous guidance announced by the Biden administration related to Schedule C filers and