by LAACPA | Mar 16, 2021 | News
At some point in your business you migh proprietorship or partnership. But as owners of these businesses expand their services or add employees, they potentially open the door to more legal issues, because they are not separated from their business. At this point, it...
by LAACPA | Mar 15, 2021 | News
The Internal Revenue Service has started depositing third stimulus checks last weekend to taxpayers’ bank accounts. More waves of payments will be delivered in the coming weeks via direct deposit or mail as a check or debit card. On March 11, President Biden...
by LAACPA | Mar 12, 2021 | News
It is expected that President Biden will sign one of the biggest stimulus packages in US history on Friday, March 12, 2021. It is a 1.9 trillion dollar bill that will help boost vaccination efforts against covid-19 and the economy. Here are some of the notable pieces...
by LAACPA | Mar 12, 2021 | News
The $1.9 trillion stimulus bill passed by the House is intended to provide relief and fix other concerns related to the COVID-19 pandemic. It is expected to be passed before March 14th, 2021, when a number of provisions of the Consolidated Appropriations Act which...
by LAACPA | Mar 5, 2021 | News
Sole proprietors, independent contractors, and self-employed individuals who file Schedule C returns can now use the new calculation formula to apply for a PPP loan. The guidance comes in the form of a 32-page interim final rule (IFR) released last Wednesday....
by LAACPA | Mar 3, 2021 | News
The Internal Revenue Service this week issued guidance for employers claiming the employee retention credit for 2020 calendar quarters. The guidance in Notice 2021-20 includes clarifications on the retroactive changes under the Relief Act 2020 applicable to 2020...
