R&D Tax Credits May be Part of the Next Tax Relief Bill

🖨 Print⏱ 3 min readShare by As the economic impact of COVID-19 lingers and an impending second wave is on everyone’s mind, Congress is already thinking of new legislation to stimulate the economy. One of the ideas on the top … Continue reading →

🖨 Print⏱ 3 min readShare by The HEROES Act, otherwise known as the Health and Economic Recovery Omnibus Emergency Solutions Act, can greatly improve the benefits for the earned income tax credit (EITC) for eligible workers who don’t have children. … Continue reading →

🖨 Print⏱ 3 min readShare by The CARES Act stimulus package substantially relaxed the rules around certain retirement account loan and distribution requirements, but with much confusion. As a result, the IRS recently put out a FAQ document to address … Continue reading →

🖨 Print⏱ 3 min readShare by One of the most important provisions of the CARES Act for small businesses is called the Paycheck Protection Program (PPP). The PPP is a $349 billion program designed to assist small businesses (fewer than … Continue reading →

🖨 Print⏱ 3 min readShare by During the holiday season in December, Congress passed the Consolidated Budget Appropriations Act of 2020. Included in this Act was a tax package that renewed more than 24 tax provisions through what are known … Continue reading →

🖨 Print⏱ 3 min readShare by How it All Started Back in July of 2019, France passed what was dubbed a “digital tax” targeting the largest tech companies. Impacting approximately 30 big companies such as Amazon, Google, Facebook and Apple, … Continue reading →