On July 22, 2020, to combat the District’s increase in coronavirus cases, Mayor Muriel Bowser signed an Order that mandates… Read More […]
07/24/2020
Tag Tax
COVID Tax Relief for Businesses
Businesses affected by COVID-19 may qualify for tax relief though credits or deferrals. The following is a breakout of the… Read More […]
06/11/2020
Changes to the PPP Loan Program and Forgiveness Eligibility
The U.S. Senate passed by voice vote on June 3, 2020, the Paycheck Protection Program (PPP) Flexibility Act of 2020… Read More […]
06/09/2020
Virginia Governor Issues Public Mask Requirement
Mandatory for employees of essential retail businesses Effective Friday, May 29th, Virginians age ten (10) and older must wear cloth… Read More […]
06/03/2020
Maryland updates Pass-through Entity Tax Meant to Circumvent the Federal SALT Limitation
On May 7, 2020, Maryland joined states such as Connecticut, Louisiana, New Jersey, Oklahoma, and Wisconsin, to enact an elective… Read More […]
06/01/2020
2021 Health Savings Account Limits Increased By IRS
The Internal Revenue Service (IRS) announced the following on May 20, 2020, applicable for the tax year 2021: The annual… Read More […]
05/29/2020
PPP Loan Forgiveness Application is Now Available
The Small Business Administration (SBA) has announced the release of the Paycheck Protection Program (PPP) Loan Forgiveness Application. The Treasury… Read More […]
05/27/2020
Virginia Enacts Several New Employment Laws
While COVID-19 has been garnering the headlines, Virginia has quietly enacted several new employment-related laws that will redefine employees’ rights… Read More […]
04/17/2020
DC Expands Temporary Paid Sick Leave, Unemployment
On April 7, 2020, the D.C. Council passed its second emergency COVID-19 relief bill, the COVID-19 Response Supplemental Emergency Amendment… Read More […]
04/09/2020
New York Enacts Statewide Permanent Paid Sick Leave Law
On April 3, 2020, New York State Governor, Andrew M. Cuomo, signed into law an unpaid and paid sick leave… Read More […]
04/08/2020
A COVID-19 Tax Credit and Document Retention Primer
The Internal Revenue Service (“IRS”) recently provided an initial guidance document to assist businesses with the process of defraying the costs of… Read More […]
04/03/2020
Paycheck Protection Program Loan Go Live
To incentivize employers to maintain payroll during the COVID-19 pandemic, the SBA is providing up to $349 billion in 100%… Read More […]
04/03/2020