Update on Taxes/Due Dates
With so many recent and coming changes in the world of taxes, we thought it would be useful to highlight some critical issues for you.
IRS Deadline Change/Other Updates
The American Rescue Plan Act of 2021 (ARP), was signed into law, the IRS moved the tax deadline for individuals, and there have been more developments with the Paycheck Protection Program (PPP).
PPP Update – Developments and Clarifications
There have been further developments and clarifications regarding the Consolidated Appropriations Act of 2021 (CAA) and the Paycheck Protection Program (PPP). These are some items we feel you should know about.
PPP Update – First and Second Draws
The Consolidated Appropriations Act of 2021 (CAA) was signed into law on December 27, 2020. Among other things, the law provided additional funds for the Paycheck Protection Program (PPP), and provided clarification and simplification for the loan forgiveness process.