Posts Tagged ‘American Rescue Plan’
How Taking Time off During Covid May Have Decreased Your Tax Liability
The COVID-19 pandemic disrupted U.S. society in many ways when it hit in 2020. The government responded with several pieces of legislation to help ease the financial burden the pandemic caused its citizens. The Families First Coronavirus Response Act (FFCRA) was one of the key measures passed in this regard. In this short article we…
Read MoreWhat You Need to Know About the Update to the Employer Retention Tax Credit
In response to the COVID-19 pandemic, Congress enacted several pieces of legislation to help ease the financial burden caused by the virus. The Employee Retention Tax Credit was part of the CARES Act and quickly became one of the most popular forms of government relief available. The ERTC is a refundable tax credit employers can…
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