2020 Packed More Than COVID, Tax Changes Have Hidden Dips as Well
With all the changes that have occurred in 2020 impacting taxes for construction firms, now comes the headache of what to address for reporting.
Read MoreOptimism Ahead for Private Contractors
“Though nonresidential construction spending has continued to recede for the better part of a year, the growing consensus is that the
Read MoreGet Organized for Tax Season
Now is the time to start preparing to file your taxes and getting all documentation in order.
Read MoreAll Taxpayers Eligible for Identity Protection Personal Identification Numbers (IP PINs)
The IP PIN Opt-In program was launched nearly a decade ago to protect confirmed identity theft victims from ongoing tax-related fraud.
Read MoreNew Stimulus Bill Signed into Law
Late Monday night, December 21, 2020 Congress passed a new $900 billion stimulus bill that includes a second round of stimulus checks to individual
Read MoreIRS Gives Taxpayers More Flexibility
Economic fall-out brought on by the COVID-19 pandemic has caused the IRS to make changes to its tax collection program, which will allow taxpayers
Read More1099 Requirements for 2020
The purpose of this letter is to outline some of the important reporting requirements for both 1099s and W-2s that impact most businesses.
Read MoreSBA to Review PPP Loans Over $2 Million Through Loan Necessity Questionnaire
The Small Business Administration (SBA) has begun issuing loan necessity questionnaires to Paycheck Protection Program (PPP) borrowers with PPP loa
Read MorePPP Loans and Change of Ownership
Everything You Need to Know About the CARES Act's Impact on Net Operating Losses
Commonly referred to as the CARES Act, the Coronavirus Aid, Relief and Economic Security Act is designed to eliminate some of those tax-revenue-gen
Read MoreAn update on FFCRA Leave Rules
Late in the evening on Friday, September 11, 2020, The U.S.
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