
Biden administration proposes far-reaching tax overhaul
If you're trying to keep straight all of the tax proposals the Biden administration has recently announced, here's a handy guide.
News & Insights![]() Biden administration proposes far-reaching tax overhaulIf you're trying to keep straight all of the tax proposals the Biden administration has recently announced, here's a handy guide. ![]() New rules for non-profits to report gifts in kind(such as land or services) take effect for annual periods starting after June 15. So if you haven’t already familiarized yourself with the rules, now’s the time. ![]() Liabilities for unused time off mount as pandemic lingersFrom staycations to road trips, people are using paid time off differently (or not at all) during the pandemic. When employees forego paid leave, employers may see their accruals skyrocket. Plus, there may be hidden costs, too. ![]() President Biden details his tax proposals for individualsWhat could President Biden’s tax proposals mean for you? Here’s a brief rundown of the “American Families Plan.”. ![]() EIDL loans, restaurant grants offer relief to struggling small businessesCould your small business or restaurant use a tax-advantaged loan from the Small Business Administration? A recently passed COVID-relief act offers a couple of intriguing options. ![]() PPP application deadline extendedEligible businesses affected by the COVID-19 pandemic now have until May 31 to apply for a PPP loan. Here’s the latest on the popular loan program. ![]() 4 Ways to improve the effectiveness of your audit committeeDoes your audit committee need a makeover to tackle what lies ahead? Here’s guidance to devise a proactive governance and oversight agenda for 2021. ![]() Make the most of employee retention creditIs your business taking full advantage of the Employee Retention Credit? ![]() Extended tax filing deadline provides relief to individual taxpayers and the IRSDue to the pandemic and an unprecedented backlog of tax returns waiting to be processed, the IRS has postponed the federal tax filing deadline to May 17, 2021. |
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