by Rupinder | Mar 11, 2021 | Uncategorized
President Biden on March 11 signed into law the American Rescue Plan Act (ARPA), a nearly $1.9 trillion COVID-19 relief package containing several tax provisions. The House approved the Senate-amended ARPA (HR 1319) by a 220-to-211 vote on March 10; the Senate passed...
by Rupinder | Mar 11, 2021 | Uncategorized
Franchot Extends State Income Tax Filing Deadline to July 15 State, federal pandemic relief programs require extensive changes to tax forms; all updates anticipated by April 15 ANNAPOLIS, Md. (March 11, 2021) – Using statutory authority granted to him,...
by Rupinder | Mar 10, 2021 | Uncategorized
FOR IMMEDIATE RELEASE Contact: Erica RyderCommunications Coordinatoreryder@nsacct.org703-549-6400 ext. 1330 NSA Sends Letter to IRS, Treasury Regarding Postponement of 2021 Tax Filing Season Deadlines Alexandria, VA, March 10, 2021 — NSA sent a letter to the IRS and...
by Rupinder | Mar 9, 2021 | Uncategorized
The U.S. Small Business Administration (SBA) has released revisions to the Paycheck Protection Program. The PPP Revisions, released March 9, address SBA COVID-19 Economic Aid Funding Options, PPP Loan Forgiveness Data, Economic Injury Disaster Loan (EIDL) Updates, the...
by Rupinder | Mar 9, 2021 | Uncategorized
FOR IMMEDIATE RELEASEContact: Erica RyderCommunications Coordinatoreryder@nsacct.org NSA Supports Calls for Postponing This Year’s Tax Filing Season DeadlinesAlexandria, VA, March 9, 2021 — After numerous listening sessions and mounting challenges, NSA supports many...
by Rupinder | Mar 8, 2021 | Uncategorized
Tax provisions of the Senate-approved $1.9 trillion stimulus bill include an unemployment insurance (UI) exemption for 2020. The retroactive change in law, which would come after approximately 45 million returns have already been filed this year, is amplifying calls...