by DMJ & Co., PLLC | May 10, 2021 | Hospitality & Restaurants, Tax Watch
The American Rescue Plan Act of 2021, signed into law on March 11, 2021, by President Biden, is a $1.9 trillion economic stimulus package enacted to assist with the United States’ recovery from the COVID-19 pandemic. While this Act addressed many key elements,...
by Milton Howell, CPA | Mar 11, 2021 | COVID-19 Services, Hospitality & Restaurants, Manufacturing & Distribution, Tax, Tax Consulting, Tax Watch
The American Rescue Plan Act of 2021 (ARPA) was passed by the Senate on Saturday, March 6, 2021, and by the House on Wednesday, March 10. The President has signed it into law. SUMMARY OF THE PERSONAL TAX PROVISIONS Unemployment compensation in 2020 may not be taxable....
by Milton Howell, CPA | Dec 23, 2020 | Business Consulting, Business Valuation, COVID-19 Services, Healthcare, Hospitality & Restaurants, Tax, Tax Consulting, Tax Watch
According to the Senate Historical Office, the Consolidated Appropriations Act of 2021 may be the largest single item of legislation in American history. It has been passed by Congress but is waiting on the President to sign it before it is final law. “The Act” is...
by Milton Howell, CPA | Aug 24, 2020 | Audit and Accounting, COVID-19 Services, Healthcare, Hospitality & Restaurants, Manufacturing & Distribution, NonProfit, Professional Services, Real Estate & Construction, Tax, Tax Consulting, Tax Watch
BACKGROUND On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act, enacting it into law. The bill had been passed overwhelmingly, in a bipartisan manner, by both the House and Senate, as legislators struggled to take action to...
by Jason King, CPA | Jun 9, 2020 | COVID-19 Services, Hospitality & Restaurants, Manufacturing & Distribution, Tax Watch
R&D Tax Credits as COVID-19 Economic Relief | Tax Consulting & Compliance | DMJ & Co., PLLC Businesses far and wide continue struggling to maintain operations, meet financial obligations, and ensure adequate cash flow during the coronavirus (COVID-19)...
by Milton Howell, CPA | Mar 28, 2020 | Business Consulting, Hospitality & Restaurants, Manufacturing & Distribution, NonProfit, Professional Services, Real Estate & Construction, Resources, Strategic Financial & Outsourced Accounting, Tax Watch, Transportation & Trucking
The CARES Act: How to Apply for A Disaster Loan Background. On Friday, March 27, 2020, the President enacted The Coronavirus Aid, Relief, and Economic Security Act, also known by its acronym, the CARES Act. It provides much relief for businesses through loans, job...
