The CARES Act, which was signed by the President on March 27, 2020, is aimed at providing relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak.
We are here to help you navigate through the information and implementation during this extremely difficult time. In addition to the traditional tax advisory services that we provide, we can also assist with other COVID-19 economic relief programs, such as the Paycheck Protection Loan Program (SBA), Treasury loans under the Coronavirus Economic Stabilization Act, and other areas that may impact you (i.e. human resources, cash flow management, outsourced accounting and finance function assistance, risk assessment, and more).
Employee Retention Credit: Is Your Business Affected by Government Shutdown Orders? (06-01-21)
Due to governmental shutdown orders, your business may qualify for the Employee Retention Tax Credit (ERC), which can generate additional cash flow for your business. LEARN MORE
WEBINAR | Employee Retention Credit Essentials for Businesses (04-22-21)
This informative webinar discusses the ERC payroll tax credits that can be worth hundreds of thousands of dollars to your company AND help qualified employers keep their employees and businesses running during this pandemic. VIEW WEBINAR
Employee Retention Credit: Possible “Cashback” Refunds (01-18-21)
Congress signed the Consolidated Appropriations Act of 2021 on December 27, 2020. This act changed the employee retention tax credit that was originally introduced by the CARES Act in March 2020. LEARN MORE
Regulations Address Excess Employment Tax Credit Recapture Under Families First Act and CARES Act (09-29-20)
The Treasury and the IRS have issued temporary and proposed regulations to reconcile advance payments of refundable employment tax credits provided under the Families First Coronavirus Response Act (Families First Act) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and recapture the benefit of the credits when necessary. LEARN MORE
FAQs on Taxation of Payments and Loans from Coronavirus Relief Fund (09-01-20)
The IRS has issued two FAQs regarding the taxation of payments and loans from the Coronavirus Relief Fund (Fund) that was established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). LEARN MORE
The CARES Act (06-25-20)
The CARES Act, which was signed by the President on March 27, 2020, is aimed at providing relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak. LEARN MORE
How the CARES Act Cares About Your Business (06-15-20)
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) has brought about many changes that taxpayers are sure to embrace. Laws affecting net operating loss carrybacks, qualified improvement property, business interest expense limitations, and noncorporate excess business losses are among the areas receiving much needed revision. LEARN MORE
The CARES Act: What’s in it for Nonprofits (05-19-20)
Key provisions of interest contained in the CARES Act for charitable organizations. LEARN MORE
IRS issues FAQs on Economic Impact Payments (04-16-20)
FAQs on the new Economic Impact Payments highlight some areas that are already causing problems and confusion for a number of taxpayers. LEARN MORE
Economic Impact Payments: What You Need to Know (04-08-20)
The Treasury Department and the IRS announced that distribution of economic impact payments will begin in the next three weeks. LEARN MORE
Participation and Plan Sponsor Relief under the CARES Act (04-07-20)
A summary of participant and plan sponsor relief related to IRAs and qualified retirement plans as defined in Internal Revenue Code § 402(c)(8)(B), 401(a), and 403(b). LEARN MORE
Key provisions from the extensive $2.2 trillion CARES Act (03-27-20)
Key provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act stimulus bill. LEARN MORE
For more information or assistance with your particular tax situation, please contact our tax professionals at info@windes.com or toll free at 844.4WINDES (844.494.6337).