Entries by Sarah Scheffer

Are You Eligible for the Summer 2021 IRS Refunds?

Most taxpayers were likely not aware of many of the provisions enacted in The American Rescue Plan of 2021, which became effective March 11, 2021. This Act increased the refund or decreased the amount owed on their 2020 tax return for some taxpayers

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What is the Employee Retention Credit?

The Employee Retention Credit (ERC) is a CARES Act relief program that allows for a refundable federal tax credit against payroll taxes. It is designed to help businesses, including tax exempt organizations, who chose to keep their employees on payroll.

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Restaurant Revitalization Grant

On Friday, March 11, 2021, the President signed into law the American Rescue Plan Act of 2021. The act includes much-needed financial relief for restaurants and bars by earmarking $28.6 billion in targeted grants to small businesses.

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