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Corporate Tax Return Prep

Corporate Tax Return Prep

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Archives for March 2021

Buckle Up for 2021: 4 Compliance Trends to Watch

March 25, 2021 by Alex Franch, BS EA

In a matter of months, COVID-19 upended the business world and forced organizations to make seismic shifts in their daily operations. While most executives hope the next year will bring better fortune, businesses can’t lose sight of emerging compliance trends with the potential to shift the operating environment in 2021. How will the legal and […]

Filed Under: business Tagged With: compliance trends

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Interaction between PPP Loans and the Employee Retention Credit

March 11, 2021 by Alex Franch, BS EA

The Consolidated Appropriations Act, 2021 (CCA), which was passed by Congress and signed by the president late last December, included a very tax-beneficial provision that liberalized the interaction between PPP loans and the Employee Retention Credit (ERC). Prior to its passage, if an employer obtained a Paycheck Protection Program (PPP) loan, the employer was ineligible […]

Filed Under: Employee, Uncategorized Tagged With: employee credits, employee retention credit, ppp loans

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