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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
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.
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.
We are pleased to welcome Staff Accountant Stephanie Eno, Client Accounting Services Supervisor Jeni Lauder, and Administrative Assistant Leslie Gordon to the firm.
Tax season falls somewhere between a sprint and a marathon. Perhaps a better way to describe it is that it moves at the pace of a sprint but has the longevity of a marathon. Either way, it’s hard and burnout, at some point, is pretty much inevitable.
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Designed with small businesses in mind, Leone, McDonnell & Roberts now offers a new suite of personalized, wrap-around services to support the financial operations of companies across multiple verticals.
The American Rescue Plan Act, H.R. 1319, a $1.9 trillion COVID-19 relief bill, was passed by Congress on March 10, 2021 and signed by President Biden on March 11, 2021.
If you received financial assistance from a GOFERR-managed fund (including the Main Street Relief Fund), a final report is due at the end of the award period. Read more and learn how to complete the process.
We are pleased to announce that Molly Burns has completed the requirements to earn her CPA license.
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