Created by Congress as a COVID-19 relief measure, the Employee Retention Credit (ERC) can offer refunds against 2020 and 2021 payroll taxes. Here’s how to tell if you qualify.
Many dealers and integrators qualify for the R&D tax credit, but there is a cautionary tale to understand before you apply for the credit.
Security dealers and custom integrators that offer remote systems management and other taxable services to out-of-state clients must collect sales tax.
Biden is establishing a two-week window during which only businesses with fewer than 20 employees can apply for the forgivable PPP loans.
A lower threshold of gross receipt reductions should expand the pool of eligible employers to receive the Employee Retention Tax Credit (ERTC).
Lenders that specialize in working with minority-owned small businesses will have a head start in tapping PPP funds when the program reopens Jan. 11.
The IRS will allow businesses that had their Paycheck Protection Program loans forgiven to write off expenses paid for with that money.
Lawmakers approved a $900 billion pandemic aid bill that includes key provisions effecting alarm and systems integration businesses.
Dealers and integrators that received EIDL loans may already be in default or have inadvertently broken the law in applying for and receiving them.
Industry accountant Mitch Reitman delivers advice on how to restore your payroll to pre-pandemic levels to ensure maximum forgiveness for these expenses.