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Potential Change in PPP Deductibility in NC
Potential Change in PPP Deductibility in NC
PPP Application Deadline Extended
PPP Application Deadline Extended
Third Stimulus Package Specifically Targets Restaurant Industry
Third Stimulus Package Specifically Targets Restaurant Industry

Restaurants have been particularly hard hit during the coronavirus crisis, and we’re happy to report that help specifically for the restaurant...

Individual Federal Tax Deadline Extended
Individual Federal Tax Deadline Extended

The IRS confirmed late yesterday that the tax filing deadline will be postponed until May 17, 2021. The deadline for tax payments — including...

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Potential Change in PPP Deductibility in NC
Potential Change in PPP Deductibility in NC

If you received a PPP loan and file taxes in North Carolina, we have some exciting news to share. 

PPP Application Deadline Extended
PPP Application Deadline Extended

President Biden signed legislation yesterday extending the application period for  PPP loans.

The...

Third Stimulus Package Specifically Targets Restaurant Industry
Third Stimulus Package Specifically Targets Restaurant Industry

Restaurants have been particularly hard hit during the coronavirus crisis, and we’re happy to...

Individual Federal Tax Deadline Extended
Individual Federal Tax Deadline Extended

The IRS confirmed late yesterday that the tax filing deadline will be postponed until May 17, 2021....

2020 Unemployment Benefits Receive Federal Tax Break
2020 Unemployment Benefits Receive Federal Tax Break

The new stimulus package includes a federal tax break on up to $10,200 of unemployment benefits...

EIDL Deferment Period Extended
EIDL Deferment Period Extended

The deferment period for COVID-19 Economic Injury Disaster Loans (EIDLs) has been extended one year...

Senate Passes Its Version of Third Stimulus Bill
Senate Passes Its Version of Third Stimulus Bill
Over the weekend, the Senate passed its version of another coronavirus relief package, slightly...
Self-Employed Individuals May Use Gross Income to Calculate Max PPP Amount
Self-Employed Individuals May Use Gross Income to Calculate Max PPP Amount
The SBA has issued a new PPP rule that allows self-employed individuals -- those who file Form...
Guidance Issued on Employee Retention Credit, PPP
Guidance Issued on Employee Retention Credit, PPP

The IRS has released guidance for employers claiming the employee retention credit that clarified...

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