The Employee Retention Tax Credit (ERC) was recently clarified and extended by Sections 206 & 207 of the Consolidated Appropriations Act (CAA). Whereas Section 207 extended provisions for the ERC into the first two quarters of 2021, Section 206 amended … Continue reading
COVID-19 News
Employee Retention Tax Credit Eligibility: A Step-By-Step Guide
- Does your small business qualify for the ERC?
- If so, what wages qualify for the credit?
The Employee Retention Tax Credit (ERC) is a small business’ next tool for COVID-19 survival. The Consolidated Appropriations Act extended ERC provisions through the … Continue reading
ERC & PPP: How To Choose When You Can’t Double Dip
- Wages that qualified for PPP loan forgiveness are ineligible for the ERC
- A little-known new loophole to maximize benefits from both
The Consolidated Appropriations Act (CAA) passed in December confirmed new provisions on the Employee Retention Tax Credit (ERC)—a much … Continue reading
CAA’s Extension of Employee Retention: Does Your Business Qualify?
- Several overhauls from CARES Act—what are they and how can you benefit from them?
- Continued provisions—important factors still in play
- Does your business qualify? Find out below.
The passing of the Consolidated Appropriations Act (“CAA”) in December of 2020 has … Continue reading
Take Advantage of These CAA Tax Benefits Now
- The Consolidated Appropriations Act 2021 (CAA) includes a second round of the Payroll Protection Program loan as well as some updated tax benefits
- Learn how you and your business can take advantage of these major changes
We know that the … Continue reading
COVID-19 Relief Bill Brings An SOS: “Save Our Stages”
- Sec. 324 Grants for Shuttered Venue Operators provides hope for the live entertainment industry
- $15 billion budgeted for grant programs for venues struggling from COVID-19 closures
The Consolidated Appropriations Act (“CAA”) includes provisions like the “Economic Aid to Hard-Hit Businesses, … Continue reading
It’s Not Deja-Vu, It’s PPP Application Time—Part 2
- The SBA has released official guidance for PPP loans
- Two Interim Final Rules clarify steps for both first and second-time borrowers
- When, where, and how to apply
The PPP application process is officially open as of Monday, January 11. The … Continue reading
Meet PPP’s Lesser-Known Younger Sibling: the SBA 7(a) Loan
- Small Business Administration Section 7(a) loan provides smaller loans with quick turnaround
- Check to see if your small business qualifies
The passing of the Economic Aid to Hard-Hit Businesses, Nonprofits, and Venues Act (“the Act”) brought about buzzwords like “… Continue reading
Three Martini Lunch With a Side of Tax Breaks
- COVID-19 relief bill includes provisions for business meal deductions
- Will this revive the restaurant industry or will it hurt the corporate tax rate?
With the release of the newest coronavirus relief bill came a revival of old favorites from 2020—the … Continue reading
New Year, New Bill, New Changes For Small Businesses & Self-Starters
- 5 steps for small businesses to kickstart 2021
- How DSJ can help you prepare for a year of success
Though only less than a week into the new year, major changes are underway that will affect small businesses, entrepreneurs, and … Continue reading