American Rescue Plan Act of 2021 creates $28.6 billion grant program for restaurants and other food or beverage service companies.
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.
Tennessee district court holds credit against fuel excise taxes, reduces excise tax liability and must be deducted from production costs.
Our coronavirus white paper has been updated for financial reporting matters related to the Consolidated Appropriations Act, 2021.
Final regulations address self-charged interest and trading partnerships, but reserve on tiered partnerships and other items.
A roundup of considerations for companies while preparing income tax provisions for the year-ended Dec. 31, 2020.
Treasury Department and SBA announce reopening dates for Paycheck Protection Program - Jan. 11, 2021 and Jan. 13, 2021.
SBA releases two PPP reopening guidance packages. The first for new borrowers and the second for the second draw program.
SBA releases two PPP reopening guidance packages. The first for new borrowers and the second for the second-draw program.
Year-end stimulus legislation extends Paycheck Protection Program and expands eligibility for exempt organizations.
The Act does not lengthen CARES Act COVID plan relief, but offers relief for non-COVID disasters, partial terminations and pension plans.
Last minute negotiations pave way for Congress to pass second major COVID-19 stimulus package with tax law changes and tax extenders.
Industry backed legislation passed by Congress to make permanent excise tax rate reductions for craft beer, wine, and distilled spirits.
After negotiations go to the 11th hour, Congress passes tax fix for PPP, changes to loan forgiveness and establishes second-draw program.