The Employee Retention Credit (ERC) has been a hot topic of discussion the last couple of months. The newest update related to the ERC is that the House of Representatives has recently voted to extend the credit through December 2021. Currently it is scheduled to expire at the end of June. This extension comes as […]
State Tax Treatment of Paycheck Protection Program Loans
State Tax Treatment of Paycheck Protection Program Loans
For both rounds of Paycheck Protection Program (PPP) loans, taxpayers need to be aware that the tax treatment of the loan forgiveness and expenses paid with PPP loan funds might differ between their state and federal tax returns.
Remote workers & state income tax issues-Our next webinar
Remote workers & state income tax issues
Monday, February 15, 2021
1:00 PM to 2:00 PM
The COVID-19 pandemic has created many new issues for employers. One of the biggest changes that has occurred is remote working. This creates potential state income tax issues for employees and employers.
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