The impacts of the COVID-19 pandemic have created hardships for consumers and businesses across the globe. The worldwide economy experienced significant losses in nearly all sectors and impacted virtually every household. Numerous businesses shut down, or were forced to temporarily close due to … [Read more...] about Fraud in the Workplace in a Post-Pandemic Environment
Jim Segarra, Managing Partner of Tronconi Segarra & Associates LLP and Jamie Batt, Partner at law firm Rupp Baase Pfalzgraf Cunningham LLC recently presented Part II of their webinar on Business Succession Planning Considerations in the Era of COVID-19 to a special audience of the Niagara … [Read more...] about Business Succession Planning – Steps to Selling Your Business
The American Rescue Plan not only expanded the amount of the Child Tax Credit, but also created a newly advanceable monthly payment that commenced on July 15th and is expected to continue monthly for the remainder of the 2021 tax year. The advance monthly payments are new and were rolled out … [Read more...] about 2021 Child Tax Credit and Advance Payments: A Deeper Dive
As a result of the Covid-19 pandemic, the U.S. government has implemented a number of programs to provide economic support to businesses. The most notable has been the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provided $2.2 trillion of funding for individuals, Paycheck … [Read more...] about Single Audit: Covid-19 Relief Funds Received May Trigger Federal Single Audit
The American Rescue Plan included a significant overhaul of the child tax credit. It not only expanded the amount of the credit, but it also created a newly advanceable monthly payment; and many taxpayers will see the impact of these changes very soon. Expanded Child Tax Credit For 2021, the … [Read more...] about Enhanced Child Tax Credit is Here!
The Small Business Administration is funding the Shuttered Venue Operators Grant (SVOG) designed to provide assistance to entertainment and restaurant entities affected by the COVID-19 pandemic. Eligible entities include: live venue operators or promoters; theatrical producers; live performing arts … [Read more...] about COVID-19 Shuttered Venue Operators Grant