Posts Tagged ‘CARES Act’
UBIT NOL Carrybacks Under the CARES Act
By: Daniel Eissmann, CPA, Staff Accountant Several changes have taken place in the past few years in regards to Unrelated Business Income (UBI) Net Operating Loss (NOL) Carrybacks. In addition,…
Read MorePandemic Relief Package for Individuals and Families – Round 2
Details of $900 billion relief package as it relates to individuals and families. By: Tina M. Truby, CPA, Supervisor (December 31, 2020) The Consolidated Appropriations Act, 2021 was signed into…
Read MorePandemic Relief Package for Small Businesses – Round 2
Details of $900 billion relief package as it relates to the Paycheck Protection Program (PPP) and Small Businesses By: Kimberly Zarett, CPA, MS, Principal (UPDATED December 31, 2020) The Consolidated…
Read MoreReminder: Unemployment compensation is taxable
Have tax withheld now to avoid a tax-time surprise. The Internal Revenue Service reminds people receiving unemployment compensation, many for the first time, that, by law, this compensation is taxable.…
Read MoreWhat You Need to Know About the CARES Act – Part 2
Below is a summary of key points covered by the Coronavirus Aid, Relief and Economic Security (CARES) Act On March 27, 2020, President Trump signed into law the Coronavirus Aid,…
Read MoreWhat You Need to Know About the CARES Act
Letter to clients regarding the Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020. ** CLICK HERE to read a SUMMARY of the key…
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