San Diego Certified Public Accounting Firm Since 1983
On Friday November 5, 2021 the House passed the infrastructure Investment and Jobs Act (H.R. 3684), which is currently awaiting President Biden’s signature. The bill provides. . . READ MORE »
On Wednesday August 4, 2021, the IRS issued Notice 2021-49 which expanded the Employee Retention Credit (ERC) through the third and fourth quarters of 2021,. . . READ MORE »
On Friday July 16, 2021 California Governor Gavin Newsom signed Assembly Bill 150. This bill contains a mixture of tax relief measures, which includes the. . . READ MORE »
Summary of Grants for Transportation Service Providers Established by the Consolidated Appropriations Act of 2021, the Coronavirus Economic Relief for Transportation Services (CERTS) program was. . . READ MORE »
The American Rescue Plan Act of 2021, that was passed in March of 2021, provided a temporary expansion of the child tax credit (CTC) for. . . READ MORE »
If the grant you are looking for is not specifically listed below, note the general rule for grants, is they are ordinarily to be included. . . READ MORE »
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. . . READ MORE »
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. . . READ MORE »
The American Rescue Plan Act of 2021, that was passed in March of 2021, provided an enhanced child and dependent care credit (CDCC) for tax. . . READ MORE »
The Employee Retention Credit (ERC) was originally created as part of the CARES Act, passed in March of 2020. This was a refundable payroll tax. . . READ MORE »