How Sick Leave is Reported on a W2
Background The Cares Act created the sick leave tax credit which allows employers to get a credit for time employees were out of work [...]
5
01, 2022
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 [...]
26
07, 2021
Millions of Americans Wait Patiently for Their 2020 Federal Tax Refund
This tax-filing season has been one like never before. Many of our clients have been contacting us wondering why they haven’t received their payment [...]
22
07, 2021
Evaluating Your Next Commercial Real Estate Office Investment
Distinct asset classes categorize commercial real estate properties. Each asset class has differences that make an investment in a given property unique. This article [...]