Our latest Small Business newsletter, full of timely and helpful information about the Paycheck Protection Program, the Employee Retention Tax Credit, what to expect in the new New York State budget, and much more. Read the full issue here. … [Read more...] about New! Small Business Newsletter Winter 2021 Issue
Today, the Biden Administration announced several reforms to further target relief to America’s smallest businesses and to ensure that Paycheck Protection Program (PPP) funds are distributed equitably. These reforms include the following changes intended to eliminate barriers that disproportionately … [Read more...] about President Biden Announces Changes to PPP
As Present Joseph Biden settles into the role of President of the United States, many are wondering how his proposed tax plan will look or change as his proposed recommendations make their way through the House and the Senate to ultimately become law. A general observation from the new President’s … [Read more...] about What Might President Biden’s Proposed Tax Plan Include?
If you are selling products and/or services into the U.S., are you confident that you are collecting and remitting the correct sales tax on those sales? The U.S. Supreme Court landmark S. Dakota v. Wayfair, Inc. ruling nearly two years ago has caused 48 out of the 50 states to enact economic nexus … [Read more...] about Doing Business in the U.S. – Sales Tax Update and State Mandates
The U.S. Small Business Administration (SBA) posted a new webpage titled Cross Program Eligibility on SBA Coronavirus Relief Options on their sba.gov website. The webpage includes this chart, which summarizes the criteria that must be met by applicants when considering the following Coronavirus … [Read more...] about SBA Posts Guidance on Eligibility for Different Relief Options
The Nevada Department of Taxation has announced the tax amnesty program established by law in July 2020 will begin February 1, 2021, and run through May 1, 2021. The program is open to individuals and businesses and will waive penalties and interest upon full payment of eligible unpaid taxes, fees … [Read more...] about Nevada Tax Amnesty Program Starts February 1, 2021