Who Qualifies for Which New Employer Tax Credit?

This article was published by the IRS. Many businesses affected by COVID-19 qualify for tax relief though credits or deferrals. Here's a breakdown of which employers qualify for these new tax credits and the deferral of employment tax deposits and payments through December 31, 2020. Credits for paid sick and family leave Businesses and tax-exempt organizations [...]

Here’s Who Qualifies a Taxpayer for the Child and Dependent Care Credit

This article was published by the IRS. Childcare or adult dependent care can be a major expense. Fortunately, the child and dependent care credit can provide some relief. Taxpayers who pay for daycare expenses may be eligible to claim up to 35% of what they spend; limits apply. For the purposes of this credit, the IRS [...]

Who Qualifies for Which New Employer Tax Credit?

This article was published by the IRS. Many businesses affected by COVID-19 qualify for tax relief though credits or deferrals. Here's a breakdown of which employers qualify for these new tax credits and the deferral of employment tax deposits and payments through December 31, 2020. Credits for paid sick and family leave Businesses and tax-exempt organizations [...]

Employers Can Grant Paid Leave for COVID-19

This article was published by the IRS. Under the Families First Coronavirus Response Act, employers can grant paid leave for an employee to take care of their health needs related to COVID -19 or to care for their family members. This relief helps ensure employees are not forced to choose between being paid or staying home [...]

Town of Plymouth’s “COVID-19 Daily Update” – June 8, 2020

In this week’s Monday episode (June 8, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather reported that the much-awaited PPP legislation was finally passed. Between the House and the Senate, there was only one individual who dissented. Small businesses should be encouraged that the government is working hard to provide them with much-needed relief. [...]

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