In 2020, more than two-thirds of company employees used personal communication devices for work, according to recent estimates.
The House of Representatives passed a final version of H.R. 1319, the American Rescue Plan Act of 2021 (ARPA), on March 10, 2021.
Does your 501(c)(7) private club hold nonmember outside events, and do these events generate a profit for the club?
House Passes New Stimulus Bill – Extended Employee Retention Credit, PPP Updates and Other Small Business Relief
On Saturday, February 27, 2021, the House of Representatives passed H.R. 1319, the American Rescue Plan Act of 2021 (ARPA). The bill provides, among a broad array of stimulus provisions, an extension of the employee retention credit through the end of 2021, as well as credits for paid family and sick leave for employees
A recent court case, San Jose Wellness (2021) 156 T.C. No. 4, has emerged in the marijuana industry highlighting the proper allocation of costs and the deductibility or disallowance based upon the specific facts.
The 2021 Consolidated Appropriations Act included $900 billion in stimulus relief for the COVID-19 pandemic, including significant changes to the Employee Retention Credit. These changes will be beneficial to many nonprofit employers.