by Rupinder | Mar 17, 2021 | Uncategorized
Today, House Ways and Means Committee Chairman Richard E. Neal (D-MA) and Oversight Subcommittee Chairman Bill Pascrell, Jr. (D-NJ) applauded the decision by the IRS to extend the federal tax-filing deadline from April 15 to May 17, 2021. “This extension is absolutely...
by Rupinder | Mar 13, 2021 | Uncategorized
The U.S. Small Business Administration (SBA) has issued the following updated guidance for the Paycheck Protection Program (PPP): PPP FAQs – March 12, 2021 How to Calculate Maximum Loan Amounts for First Draw PPP Loans – March 12, 2021 How to Calculate...
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...
