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Employee Retention Credit

The IRS and Department of the Treasury have released more information about the Employee Retention Credit program that has been recently launched. Below is the information directly from the source, covering business qualifications, credit calculations, wages, and how...

Effective date for employment tax credits

The IRS has published Notice 2020-21, defining the effective date for employment tax credits under the Families First Coronavirus Response Act. Notice 2020-21 provides that employment tax credits for paid qualified sick leave wages and paid qualified family leave...

IRS Help Desk Closures Announced

The National Public Liaison Office sent out a notice last night detailing service interruptions due to the national health emergency. Help desks closed due to staff limitations: PPS (Practitioner Priority Services) line e-Services Help Desk line e-Services, FIRE...