The American Rescue Plan Act of 2021 was signed by President Biden on March 11, 2021, to address the continuing economic impact of the coronavirus...Read More
Section 501(c)(5) and 501(c)(9) organizations are now eligible for Paycheck Protection Program (PPP) loans under the American Rescue Plan Act (ARPA) that was signed into...Read More
The employee retention credit (“ERC”) is designed to encourage employers to keep workers on their payroll and support small businesses and nonprofits during the COVID-19...Read More
Certain section 501(c)(6) organizations are now eligible for Paycheck Protection Program (PPP) loans under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act...Read More
The PATH Act (Protecting Americans from Tax Hikes Act) required that payments for services in 2017 be reported on Form 1099-MISC by January 31 of...Read More
The U.S. Department of Labor (DOL) proposed a rule on September 30, 2020 that would make labor unions provide more information in their annual financial...Read More
On August 28, 2020, the Internal Revenue Service (IRS) issued Notice 2020-65 to provide needed guidance on an Executive Order issued by President Trump on...Read More
On March 6, 2020, the Office of Labor-Management Standards (OLMS) published a final rule establishing a Form T–1, Trust Annual Report that requires annual reporting...Read More
Rev. Proc. 2020-08 reflects updated procedures for submission On Jan. 31, 2020, the Internal Revenue Service (IRS) released the revised electronic Form 1023, Application for...Read More
