SBA Releases Draft Application and Program Guide for Restaurant Fund
(authored by RSM US LLP) SBA releases draft application as well as a program guide for the Restaurant Revitalization Fund. Potential applications should review....
19 April, 2021
COVID-19 Pandemic Tag
IRS Provides Guidance on Business Meal Deductions
(authored by RSM US LLP) Notice 2021-25 provides temporary relief on deductions for food or beverage under the Taxpayer Certainty and Disaster Relief Act....
09 April, 2021
The IRS Provides Further Guidance on the Employee Retention Tax Credit
(authored by RSM US LLP) The Relief Act made changes on how the Employee Retention Tax Credit works during the first two quarters of 2021....
05 April, 2021
IRS Will Issue Unemployment Refunds in May
Authored by the Internal Revenue Service | March 31, 2021To help taxpayers, the Internal Revenue Service will take steps to automatically refund money this spring and summer to people who...
02 April, 2021
Restaurant Revitalization Fund (RRF) Update
Much has been written regarding the Restaurant Revitalization Fund (RRF) already. For details on the RRF program please read our previous article. The following provides several important updates on the...
26 March, 2021
PPP Extension to May 31
(authored by RSM US LLP) PPP extension clears Senate. Program to be extended to May 31, with 30 days provided after May 31 for SBA to process pending applications....
25 March, 2021
Economic Impact Payments Issued This Week
On March 22, 2021, The Internal Revenue Service announced that the next batch of Economic Impact Payments will be issued to taxpayers this week, with many of these coming by...
23 March, 2021
Restaurant Revitalization Fund
Authored by The National Restaurant AssociationRESTAURANT REVITALIZATION FUNDThe American Rescue Plan Act establishes a $25 billion “Restaurant Revitalization Fund” (RRF) within the U.S. Small Business Administration (SBA).Grants: An...
22 March, 2021