This was the first of our weekly updates on the issues the COVID-19 crisis is presenting to you and to your business or organization. This webinar on April 1, 2020 covered the CARES Act—what you need to know and what you can do now.
Construction contractors can use the temporary 100 percent business meals deduction for per diem expenses. Rate changes are in effect as of October 1, 2021. Contractors may want to review their expense reimbursement policies.
Many employers do not realize they could benefit from the ERC. As businesses close their books and records for 2021 and begin to work on tax compliance, it is a good opportunity to revisit the ERC to clear up any confusion that may exist.