IRS Issues ERC Guidance as Congress Mulls Early Termination
The IRS has published new guidance on the Employee Retention Credit (ERC). The credit was created in March 2020 to encourage employers to keep their [...]
SBA Streamlines Forgiveness for Smaller PPP Loans
The Small Business Administration (SBA) has released new guidance intended to expedite the forgiveness process for certain borrowers under the Paycheck Protection Program (PPP). The [...]
PODCAST | Insights Into Employee Retention Credit Opportunities
Gorfine, Schiller & Gardyn’s Tax Director, Aaron Bloom, discusses Employee Retention Credit opportunities for companies that were PPP loan recipients. The Employee Retention Credit (ERC) [...]
PPP Forgiveness and Repayment: What Businesses Need to Know Now
A critical deadline is approaching for many of the businesses that have received loans under the Paycheck Protection Program (PPP), which was created in March [...]
PODCAST | Insights into PPP Loan Forgiveness Process
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 [...]
Nonprofits and the Employee Retention Credit
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 [...]
Highlights of the American Rescue Plan Act of 2021
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 [...]
PODCAST | An Update on the Latest Round of PPP Loans
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 [...]
The Consolidated Appropriations Act, 2021 Approved by Congress
Late Monday evening, Congress approved The Consolidated Appropriations Act, 2021 (the Act) that contained a number of tax provisions, but more importantly, a number of additional [...]
Bipartisan Emergency COVID Relief Act to Include New Round of PPP
As the week ends, Congress is still working on the Bipartisan Emergency COVID Relief Act of 2020 with both sides of the aisle agreeing something [...]
