The CAA Employee Retention Tax Credit Extension
The CAA: Employee Retention Tax Credit Extension

The Consolidated Appropriations Act of 2021 (CAA) extends the Employee Retention Tax Credit program until June 30, 2021. Under this law, PPP loan borrowers are now eligible to receive these credits as well. …
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Posted in Compliance, COVID-19
Common-1095-C-Scenarios-14-and-16-Codes
Common 1095-C Scenarios: Which Codes to Use for Lines 14 and 16

The IRS extended the deadline to deliver Form 1095-C to employees until March 2, 2021. If you’re still finalizing your forms, you may have some questions about which codes to use in lines 14 and 16. …
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Posted in Compliance
CAA FFCRA Tax Credit Extension
The CAA: FFCRA Tax Credit Extension

The Consolidated Appropriations Act of 2021 (CAA) extends the tax credits that reimburse you for any emergency paid sick or family leave you provide under the Families First Coronavirus Response Act (FFCRA). In this post, we outline what you need to know about this new provision. …
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What to Include in Your Business Expense Policy
What to Include in Your Business Expense Policy

The exact details of your expense policy will differ depending on your business and any state-specific requirements, but most include similar information. …
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The CAA: How PPP Loans Impact Taxes

The Consolidated Appropriations Act of 2021 (CAA) clarifies the taxability of forgiven Paycheck Protection Program (PPP) loan funds. In this post, we outline what you need to know about this new provision….
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Posted in Compliance, COVID-19
The CAA: Simplified PPP Loan Forgiveness

If you’re among the 87% of businesses that received a Paycheck Protection Program (PPP) loan of $150,000 or less, the Consolidated Appropriations Act of 2021 (CAA) provides some good news to ease any forgiveness-related worries. …
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Posted in Compliance, COVID-19
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