3.24.21
Have a Foreign Account? File an FBAR
Any U.S. person who has a financial interest in, or signature or other authority over, any foreign financial accounts must file a Report of Foreign…
3.24.21
Extended Tax Filing Deadline Provides Relief to Individual Taxpayers and the IRS
The IRS has announced that the federal income tax filing deadline for individuals for the 2020 tax year is extended from April 15, 2021, until…
3.24.21
The American Rescue Plan Act Provides Sweeping Relief Measures for Eligible Families and Businesses
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The $1.9 trillion law is intended to provide far-reaching relief…
3.20.21
PPP Loans: One Year Later
About a year ago, the Paycheck Protection Program (PPP) was launched in response to the COVID-19 crisis. If your company took out such a loan,…
3.19.21
Make the Most of the Employee Retention Credit
The Employee Retention Credit (ERC), which was created to encourage employers to keep their workforces intact during the COVID-19 pandemic, has been with us for…
3.18.21
The 2021 Outlook is Optimistic for the U.S. Manufacturing Industry
COVID-19 and the global economic crisis was unprecedented in 2020, and the U.S. manufacturing industry has felt the impact. In May of 2020, the National…
3.18.21
Take Advantage of Tax Credit Opportunities for Manufacturing Companies
Manufacturing companies of all sizes can access several tax credits for activities related to encourage innovation and job growth. The purpose of these credits is…
3.15.21
Launching a Small Business? Here Are Some Tax Considerations
While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses. Many of these people start…
3.12.21
The American Rescue Plan Act Has Passed: What’s in It for You?
The American Rescue Plan Act (ARPA), a $1.9 trillion stimulus bill aimed at providing economic and other relief from the COVID-19 pandemic, has been signed…
3.6.21
Why Manufacturers Cannot Afford to Ignore Cybersecurity
Many manufacturers have a false sense of calm when it comes to cybersecurity. They incorrectly assume their risk of a cyberattack is low because they…