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Notable Changes to the Employee Retention Tax Credit
When the CARES Act was signed into law on March 27, 2020, it established the Employee Retention Tax Credit (ERTC), which entitled eligible employers [...]
New Guidance Related to PPP2 Funding
On January 6, 2021, the SBA published guidance in the Paycheck Protection Program (PPP) that has clarified both loans that were received in the [...]
Extension for Certain Maryland Tax Returns and Payments in 2021
The Comptroller of Maryland issued a news release and tax alert on January 6, 2021 that provides extensions of time for tax filings and [...]
PODCAST: A Summary of GSG’s Annual Tax Planning Guide
GSG recently released its annual tax-planning guide, which includes in depth year-end and year-round tax-saving strategies for individuals and businesses for the 2020 tax [...]
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 [...]
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 [...]
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