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Category: Tax Credits

March 7, 2024

Expanded Tax Credits for Some Energy Efficiency Home Improvements

The Inflation Reduction Act of 2022 extended and expanded many energy tax incentives. This…

Energy Credits, General Business, Inflation Reduction Act, Small Business, Tax, Tax Credits, Tax Planning

January 24, 2024

Employee Retention Credit Update

Update – January 24, 2024 There have been several recent updates to the Employee…

COVID-19, Employee Retention Tax Credit, ERTC, General Business, Small Business, Tax Credits, Webinars

September 15, 2023

IRS Orders Immediate Moratorium on Processing New Employee Retention Credit (ERC) Claims

On September 14, 2023, the Internal Revenue Service (“IRS”) announced an immediate moratorium on…

COVID-19, Employee Retention Tax Credit, ERC, ERTC, General Business, IRS, News, Small Business, Tax Credits, Tax Relief

June 8, 2023

Employee retention Tax Credit (ERTC) Scams

The IRS added widely circulating promoter claims involving Employee Retention Tax Credits (ERTC) as a new entry in the…

CARES Act, COVID-19, ERTC, General Business, Tax Credits

March 1, 2023

Secure Act 1.0 & 2.0: Increased Tax Credits for Small Employers

SECTION ONE Changes to the credit for Small Employer Retirement Plan Start-up Costs with…

401(k) and 403(b) Plans, General Business, News, SECURE Act, Secure Act 2.0, Small Business, Tax Credits

December 6, 2022

Energy Credits and the Inflation Reduction Act #2

The Inflation Reduction Act was signed into law on August 16, 2022. It includes…

Energy Credits, General Business, Inflation, Inflation Reduction Act, IRS, Small Business, Tax, Tax Credits, Tax Incentives

October 28, 2022

Applications Now Being Accepted for NY COVID-19 Capital Costs Tax Credit Program #2

NY Gov. Kathy Hochul announced this week that applications are now being accepted from…

COVID-19, New York State, News, Tax Credits, Tax Relief

October 21, 2022

IRS Warns Employers About Third Parties Promoting Improper ERTC Claims #2

There have been many recent news stories on how the IRS is cracking down…

COVID-19, ERTC, General Business, IRS, PaycheckProtectionProgram, Tax Credits, Tax Relief

March 13, 2022

New York Expands Excelsior Jobs Program for Green Projects #2

The New York budget legislation enacted in 2021 included an expansion of the Excelsior…

General Business, New York State, SALT, Tax Credits, Tax Incentives

September 8, 2021

2021 Child Tax Credit and Advance Payments: A Deeper Dive #2

The American Rescue Plan not only expanded the amount of the Child Tax Credit,…

Child Tax Credit, Tax, Tax Credits, Tax Refund, Tax Relief