3 Ways to Qualify for the Employee Retention Credit
The Employee Retention Credit was created under the CARES Act in 2020 to encourage businesses to keep their employees on their payroll. Since its [...]
20
10, 2022
14
09, 2022
Hero Pay for Connecticut Workers
*A helpline is available to help people who have applied to the “Hero Pay” program. If you are experiencing any issues with your account [...]
5
01, 2022
How Sick Leave is Reported on a W2
Background Information The Cares Act created the sick leave tax credit which allows employers to get a credit for time employees were out of [...]
20
12, 2021
IRS Clarifies Temporary 100% Deduction for Restaurant Meals and Per Diem Payments
The IRS has released Notice 2021-63, which clarifies the temporary 100% business meals deduction for food or beverages from restaurants in 2021. Normally, there [...]
13
10, 2021
Employee Retention Credit & The Recovery Startup Business
As part of the American Rescue Plan Act of March 2021, there has been an extension, as well as an expansion to who can [...]
4
10, 2021
What to Do if Your Economic Injury Disaster Loan was Declined
The Economic Injury Disaster Loan is a longstanding loan provided by the Small Business Administration. The SBA has been offering disaster loans long before [...]
17
09, 2021
Small Businesses Awarded Tax Credit for Providing Vaccination Paid Leave Ending September 30, 2021
In an effort to encourage more individuals to get vaccinated, President Joe Biden has formed a paid-leave tax credit for employers that provide full [...]
15
09, 2021
Financial Statement Reporting While Navigating Uncertainty Generated by the COVID-19 Pandemic
It is no secret that the COVID-19 pandemic has impacted nearly every aspect of everyday life for the past 18 months. Individuals and businesses [...]
18
08, 2021
Evaluating Your Next Commercial Real Estate Multifamily Investment
The COVID-19 pandemic triggered a wave of changes in commercial real estate investing. Remote workforces and e-commerce trends have significantly impacted retail and office [...]
9
08, 2021
Equity Match Grant Program for Women-Owned Businesses in Connecticut
Lt. Governor Susan Bysiewicz and Fran Pastore, CEO of the Women’s Business Development Council (WBDC), have announced that the second round of the Equity [...]