Category

Tax Regulation & Reporting
Extended Employee Retention Credits

Extended: Employee Retention Credits Available in 2021

The employee retention credit (“ERC”) is designed to encourage employers to keep workers on their payroll and support small businesses and nonprofits during the...
Read More
PPP Loan FAQs

Expansion of PPP to Certain 501(c)(6) Organizations

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...
Read More
Form 1099-MISC

Meet the New Form 1099-NEC

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...
Read More
in touch

DOL Proposal has Many Changes for LM-2 Filers

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...
Read More
Corona Virus

IRS Guidance on Payroll Tax Deferral Order

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...
Read More
DOL Establishes Form T-1, Trust Annual Report

DOL Establishes Form T-1, Trust Annual Report

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...
Read More
Major Deadline Shift for Tax Returns to July 15, 2020 - Calibre CPA Group

Major Deadline Shift for Tax Returns to July 15, 2020

On Thursday, April 9, 2020, the Internal Revenue Service (IRS) announced expanded Coronavirus related relief, granting taxpayers an automatic extension of time to file...
Read More
Payroll Tax Credit for Employee Retention - Calibre CPA Group

Payroll Tax Credit for Employee Retention

  As part of the ongoing effort to provide relief from the COVID-19 emergency, Congress passed, and the President signed, the Coronavirus Aid, Relief,...
Read More
Income Tax – State Filing Relief - Calibre CPA Group

Income Tax – State Filing Relief

With the federal income tax deadline postponed until July 15, 2020 due to the COVID-19 emergency, states have begun to address whether they will...
Read More
IRS Releases New Guidance Regarding Reporting of Contributors’ Identifying Information - Calibre CPA Group

Federal Tax Deadline Extended by 90 Days

In a move to provide relief for a range of problems cause by the COVID-19 pandemic, Taxpayers will get a three-month extension to pay...
Read More
1 2 3 4 6