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
Opportunity to Deduct 100% of the Cost of Qualified Improvement Property Placed in Service in Tax Year 2018 -
A drafting error in the 2017 Care Act required a taxpayer to capitalize the cost of interior improvements to...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