With all of the last minute tax law changes the IRS needs more time to program their systems. Here are important filing dates: February 12th: IRS begins 2021 tax season. Individual tax returns begin being accepted and processing begins. February 22nd: Projected date for the IRS.gov Where’s My Refund tool being updated for those claiming […]
Archives for January 2021
PPP2 Overview
Questions about PPP2? Here is an overview: How much is the loan amount? The amount is 2.5 times your average monthly payroll during 2019 or trailing 12 months. For hotels and restaurants the amount is 3.5 times average monthly payroll. How to qualify? You must have 300 or fewer employees Have already used or plan […]