As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.
Tag: CAA
Am I Eligible for the ERC?
The ERC has been expanded and increased, but it’s also not too late for employers who are eligible for the ERC to amend their 2020 employment tax returns.
Enhanced Charitable Deductions in 2021
Last year’s CARES Act enhanced several tax incentives for charitable deductions for donations made through the end of 2021. Here’s a summary.
Latest Changes to PPP Loan Program Beneficial For Borrowers
Here are the most important things to know about the PPP loan program, second-draw loans and loan forgiveness.
Keep Employees on your Payroll with the Employee Retention Tax Credit
Employers that keep workers on their payrolls are eligible for a refundable Employee Retention Tax Credit, which has been extended and enhanced.
PPP Loans Reopen: Tax Consequences Change
The Small Business Administration (SBA) announced that PPP loans reopened the week of January 11. Here’s a look at the tax consequences.
New Law Makes Favorable PPP Loan Changes and Increases Business Meal Deductions
Here are some highlights of the Consolidated Appropriations Act of 2021 (CAA), including business meal deduction and PPP loan forgiveness changes.