COVID-19 VACCINE TAX CREDIT

Recently, President Biden has released a tax credit for business and nonprofits who provide paid time off to workers that are receiving or recovering from the vaccine through the American Rescue Plan. A paid leave tax credit will offset the cost for businesses and...

INDIVIDUAL COVID 19 TAX RELIEF

The Corona Relief, Aids, and Economic Security (CARES) Act that passed through legislation provides additional relief to individuals. Listed below are key points to be aware of. 1. Recovery Rebates – all individuals are eligible for recovery rebates of up to $1,200...

SMALL BUSINESS COVID 19 RELIEF

The Corona Relief, Aids, and Economic Security (CARES) Act that passed through legislation provides additional relief to small businesses (businesses with 500 or less employees). Listed below are key points to be aware of. 1. Paycheck Protection Program (PPP) – Loans...