Equity incentive plans continue to be a way for startup companies to incentivize and retain key executives and founders as well as some rank-and-file employees. These plans… Read more “Equity incentive plan considerations for startup companies”
Tag: American Rescue Plan Act
IRS updates car and truck depreciation limits
The IRS issued its annual inflation-adjusted update of depreciation limitations for passenger automobiles (including passenger vans and trucks) placed in service in 2021 (Rev. Proc. 2021-31). The… Read more “IRS updates car and truck depreciation limits”
Commercial real estate: Debt restructuring and planning
As the pandemic recedes, many economists are predicting a shift in the commercial real estate sector. The anticipation is that many companies will continue to work remotely… Read more “Commercial real estate: Debt restructuring and planning”
SBA streamlines forgiveness process for most PPP loans
The U.S. Small Business Administration (SBA) published new guidance Wednesday designed to simplify and speed up the forgiveness process for businesses and not-for-profits with Paycheck Protection Program… Read more “SBA streamlines forgiveness process for most PPP loans”
CPAs and the historic Paycheck Protection Program
We passed a major milestone in pandemic economic recovery recently — the closeout of the loan application period for the Paycheck Protection Program (PPP), which ended May… Read more “CPAs and the historic Paycheck Protection Program”
Online sign-up now available for advance child tax credit payments
The IRS opened an online site Monday that allows taxpayers who are not required to file a 2019 or 2020 individual income tax return to sign up… Read more “Online sign-up now available for advance child tax credit payments”
IRS suspends requirement to repay excess advance payments of the 2020 premium tax credit
The premium tax credit helps pay for health insurance coverage bought from the Health Insurance Marketplace. Eligible people can choose to have all, some, or none of the estimated… Read more “IRS suspends requirement to repay excess advance payments of the 2020 premium tax credit”
IRS extends penalty relief for pandemic payroll credits
To continue to allow employers to take immediate advantage of various credits enacted in response to the COVID-19 pandemic, the IRS is permitting eligible employers who pay… Read more “IRS extends penalty relief for pandemic payroll credits”
Azari T Benjamin PL 