New Guidance on the Employee Retention Credit

New Guidance on the Employee Retention Credit

With the 2021 tax filing season underway, it is important for taxapyers to review their tax saving opportunities, especially as they relate to the Employee Retention Tax Credit (ERC).     Overview of the Employee Retention Credit Since enacted in March 2020 as...
Updates on New CA Tax Credits Coming Soon

Updates on New CA Tax Credits Coming Soon

  Main Street Small Business Tax Credit II California enacted legislation for the Main Street Small Business Tax Credit II to support taxpayers impacted by the economic troubles in tax years 2020 & 2021. Like the Main Street Small Business Tax Credit...
A Guide to the Employee Retention Credit

A Guide to the Employee Retention Credit

What is the Employee Retention Credit (“ERC”)? The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) created a refundable employee retention credit as an incentive for employers to retain their employees during the 2020 pandemic. The Employee Retention...
Top Things You Need to Know About the R&D Tax Credit

Top Things You Need to Know About the R&D Tax Credit

What is the Research and Development (R&D) Tax Credit? The R&D tax credit is a general business credit that was created for taxpayers that design, develop, or improve products, processes, techniques, formulas, or software. The R&D tax credit was first...