Client ALERTS
CLIENT ALERT: Beneficial Ownership Information – Does This New Reporting Requirement Apply to You?
The Corporate Transparency Act (CTA) was enacted as part of the National Defense Act for Fiscal Year 2021. The CTA mandates that millions of entities report their beneficial ownership information…
Read MoreGeorgia’s One-Time Tax Refund
Georgia will be sending $1.1 billion in refund checks to taxpayers in the coming weeks after the Governor signed legislation designed to help families cope with the recent surge in…
Read MoreThe Employee Retention Tax Credit – Can Your Organization Benefit?
The Employee Retention Tax Credit Can Your Organization Benefit From This Credit? – What You Need To Know You may have heard about the federal Employee Retention Tax Credit. Many…
Read MorePPP SBA Form 3508D
On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (the Act) into law. The Act provides for significant changes to the Paycheck Protection Program (PPP) and establishes…
Read MoreSBA PPP Round 2 Guidance
On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (CAA) into law. A significant revision in this law involves extending and expanding an existing provision from prior…
Read MoreEmployee Retention Credit Updates
On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (CAA) into law. A significant revision in this law involves extending and expanding an existing provision from prior…
Read MoreConsolidated Appropriations Act, 2021
On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 into law. The major tax-related provisions are summarized below: COVID-19-related Tax Relief Act of 2020: Additional Recovery Rebate…
Read MoreClient ALERT: IRS Filing and Payment Q&A
To help clarify questions related to the filing and payment deadline extension announced in Notice 2020-18, the IRS released “Filing and Payment Deadlines Questions and Answers”. LINK: https://www.irs.gov/newsroom/filing-and-payment-deadlines-questions-and-answers Highlights clarified…
Read MoreClient ALERT: Family First Coronavirus Response Act Summary
CLIENT ALERT The Families First Coronavirus Response Act was signed by President Trump on March 18, 2020. Link to the full text is located here https://www.congress.gov/bill/116th-congress/house-bill/6201/text The current Family and…
Read MoreUpdated: CLIENT ALERT: IRS Extends Filing Deadline
On March 20, 2020, the IRS released Notice 2020-18 (https://www.irs.gov/pub/irs-drop/n-20-18.pdf) which supersedes Notice 2020-17 issued on March 18, 2020. Notice 2020-18 provides: • No extension forms are required to be…
Read MoreClient ALERT: GA DOL Emergency Rule
March 19, 2020 The Georgia Department of Labor (GDOL) has adopted an emergency Rule 300-2-4-0.5 Partial Claims, effective March 16, 2020. The rule mandates all Georgia employers to file partial…
Read MoreClient ALERT: IRS Extends Payment Due Date
March 19, 2020 On March 18, 2020, the IRS released Notice 2020-17 extending the due date, penalties and interest on certain income tax payments. The Notice implemented the following changes:…
Read More