During the COVID quarantine, congress enacted the Employee Retention Tax Credit (“ERTC”). The purpose of the credit was to provide funds for employers whose business activity was reduced or shut down because of COVID....more
During the COVID quarantine, congress enacted the Employee Retention Tax Credit (“ERTC”). The purpose of the credit was to provide funds for employers whose business activity was reduced or shut down because of COVID....more
The IRS has placed it’s popular employee retention tax credit program on hold. Claims filed after September 14, 2023 will be placed on hold until at least the end of the year....more
The Pennsylvania Department of Revenue has decided, as a policy matter, to make adjustments the purpose of which is to give taxpayers increased time and flexibility during these difficult times.
The notice also indicates...more
The CARES Act includes a variety of measures designed to ease the financial burden for businesses during the pandemic. Provisions related to tax laws include...more