April 2021

Restaurant Revitalization Fund

Posted on April 7, 2021. Written by GPW

The American Rescue Plan Act of 2021, that was passed in March of 2021, allocated $28.6 Billion to the Restaurant Revitalization Fund, to be administered by the Small Business Administration (SBA).

Grant Amounts

For eligible business that were in operation for…
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Employee Retention Credit (ERC) Summary

Posted on April 6, 2021. Written by GPW

Below is a brief summary of the ERC rules for 2020 and 2021, which includes clarifications provided by IRS Notice 2021-23. For additional guidance on this credit see the IRS FAQs.

2020 Employee Retention Credit Summary