Crain’s Cleveland Business: TAX TANGLE: Businesses should brace for the possibility of withholdings that follow employees to their homes

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Originally published on January 11, 2021 Small businesses may have one more COVID-fueled operational headache coming their way. Ohio employees currently are regarded as working from their employer’s principal place…

Continue ReadingCrain’s Cleveland Business: TAX TANGLE: Businesses should brace for the possibility of withholdings that follow employees to their homes

Employee Retention Credit Expanded under Consolidated Appropriations Act: Now Available to PPP Loan Recipients and Extended to 2021

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At the end of 2020, Congress passed another round of Covid-19 relief in The Consolidated Appropriations Act, 2021 (CAA). The CAA provides for some key tax-advantaged stimulus measures, such as…

Continue ReadingEmployee Retention Credit Expanded under Consolidated Appropriations Act: Now Available to PPP Loan Recipients and Extended to 2021

Get ready for Paycheck Protection Program Round 2: PPP Loans return in newest COVID-19 relief bill with added tax benefits and additional eligible expenses

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On December 21st, Congress passed a new COVID-19 relief bill titled the Consolidated Appropriations Act that provides for a variety of financial stimulus measures, including $325B in aid for small…

Continue ReadingGet ready for Paycheck Protection Program Round 2: PPP Loans return in newest COVID-19 relief bill with added tax benefits and additional eligible expenses