The law doesn’t provide the PPP with any additional funding. However, $7.25 billion in additional funding was recently provided in the American Rescue Plan Act. Read more
Employers should familiarize themselves with the details, especially when you consider that the credit could be worth as much as $28,000 per employee for 2021. Read more
If employees begin making their temporary work from home arrangements permanent, employers must address new tax implications for their businesses and their employees. Read more
Similar to the IRS’ decision, there is no extension in Massachusetts for estimated tax payments that are due on April 15th, 2021. Read more
The $1.9 trillion law is intended to provide far-reaching relief from the economic and other repercussions of the ongoing COVID-19 pandemic. Read more
DGC is still urging all clients to send us your 2020 tax information as soon as possible. Read more
President Biden has signed the 628-page American Rescue Plan Act (ARPA), which includes $1.9 trillion in funding for individuals, businesses, and state and local governments. Read more
One temporary provision could be beneficial to companies who experienced temporary lay-offs or other reductions in their workforce due to the pandemic. Read more
There are numerous provisions included in the Consolidated Appropriations Act, 2021 that can provide much-needed relief. Read more
It’s important to note that “PPP Round Two” is not the same as “PPP Round One” including new eligibility requirements for second-time borrowers. Read more
