Gorfine, Schiller & Gardyn’s Director of Tax, Aaron Bloom, provides important insights into the current PPP loan forgiveness application process and what companies need to… Read more »
Categories: Podcast, Tax, Tax Planning, Small Business, COVID-19 Resources
The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million households in mid-July 2021 —… Read more »
Categories: Tax, Tax Planning, COVID-19 Resources
The employee retention credit (ERC) is a credit for employers against payroll taxes owed. The idea behind the credit is to lessen the financial strain… Read more »
Categories: Tax, Tax Planning, Not-for-Profit, Small Business, COVID-19 Resources
President Biden recently announced his $1.8 trillion American Families Plan (AFP), the third step in his Build Back Better policy initiative. The announcement followed the… Read more »
Categories: Tax, Tax Planning, COVID-19 Resources
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact sheet released by the White… Read more »
Categories: Tax, Tax Planning, COVID-19 Resources
On March 11, 2021 President Biden signed the American Rescue Plan Act of 2021 (The Act) and $1.9 trillion which followed closely the framework that… Read more »
Categories: Tax, Tax Planning, Small Business, COVID-19 Resources
Comptroller Peter Franchot announced on Thursday, March 11 the deadline to file state income taxes has been extended to July 15 in Maryland. The extension… Read more »
Categories: Tax, Tax Planning, COVID-19 Resources
GSG’s latest podcast features Alan Spero who discusses the new round of PPP loans and how businesses can take advantage of it. Back in March… Read more »
Categories: Podcast, Tax, Tax Planning, Small Business, COVID-19 Resources
When the CARES Act was signed into law on March 27, 2020, it established the Employee Retention Tax Credit (ERTC), which entitled eligible employers to… Read more »
Categories: Tax, Tax Planning, COVID-19 Resources
On January 6, 2021, the SBA published guidance in the Paycheck Protection Program (PPP) that has clarified both loans that were received in the first… Read more »
Categories: Tax, COVID-19 Resources
