Recovery Startup Provision: How New Startup Businesses Can Possibly Claim the ERTC
Businesses that started during the pandemic have a new opportunity to claim the Employee Retention Tax Credit for the 3rd and 4th quarters in 2021. There are minimal eligibility requirements to net up to $100,000 in tax credits for the year. Act now to include the credit on your 2021 3rd quarter payroll tax return.
Webinar Recording: Five Tax-Efficient Ways to Sell Your Business
If you are currently selling or considering the sale of your business, learn how to minimize transactional tax liabilities through effective tax structuring. This webinar will outline the various options to consider when creating a smart tax structure for the sale of your business.
10 Key Considerations to Take When Evaluating Managed Service Providers
More organizations are using Managed Service Providers (MSPs) to help fulfill ongoing needs, like cybersecurity and outsourced accounting. Before hiring an MSP, it’s helpful to understand the top ten areas that can impact the engagement’s success.
How the PRO Act (As Written) Would Affect the Construction Industry
The Protecting the Right to Organize (PRO) Act passed the House in March 2021. What’s next, and how is it poised to affect the construction industry?
COVID-19 Leave Sharing Program Extended to December 31, 2021
On June 30, 2021, the IRS retroactively extended the COVID-19 leave sharing program, which allows employers to donate employees’ unused PTO to charitable organizations. In exchange, employers can take charitable or business expense deductions.
New Wage and Labor Laws Take Effect in Virginia
Throughout 2021, Virginia has enacted several new labor and wage laws that increase employer liability. Construction firms and other employers should look closely at their contracts and other agreements to stay ahead of compliance.
