Industry Insights

Employers need to react quickly to the new guidance to pay in amounts as if they were incurred on Dec. 31, 2021.

Fragile supply chains are facing another round of port closures, shutdowns, halts and labor shortages as the delta variant spreads.

Lease Accounting software powered by LeaseQuery, is a simple online software tool that supports your implementation of the new standards.

The 3 Paths to ASC 842 Compliance

Biden’s plan to grow the middle class, expand economic growth and leave the US more competitive, may be funded with tax changes.

IRS safe harbor for fiscal year taxpayers on accounting period in which to deduct PPP expenses provides choices and certainty.

Some employers can give paid leave to employees impacted by COVID in 2021 and claim a payroll tax credit per the American Rescue Plan Act.

Washington National Tax summarizes key tax aspects of President Biden’s American Jobs Plan and the Made in America Tax Plan.

PPP extension clears Senate. Program to be extended to May 31, with 30 days provided after May 31 for SBA to process pending applications.

Notice 2021-20 clarifies retroactive changes made to ERTC and PPP interaction and incorporates several previous frequently asked questions.

Biden-Harris administration announces changes to PPP including a 14-day exclusive access period for businesses with fewer than 20 employees.

Taxpayers should familiarize with Biden’s plan, remain vigilant for developments and position themselves to act at the appropriate times.