Illinois Minimum Wage 2022 Increase
As another year nears its end and we look towards 2022, we wanted to [...]
2021 Business Highlights
With the ongoing challenges of Covid-19 and legislation related to the pandemic flowing into [...]
Is Your Business Eligible for the Employee Retention Credit?
The Employee Retention Credit (ERC) was originally enacted by the CARES ACT on March [...]
2020 Year End Tax Planning
As 2020 comes to an end (finally!), we encourage our individual and business clients [...]
Illinois Minimum Wage Increasing in January
We are all looking forward to 2021 and putting 2020 behind us! But the [...]
PPP Forgiveness – Apply Now or Wait?
On September 10, 2020, the US Senate voted on an additional bill for coronavirus relief. It failed to pass the Senate.
Social Security Tax Deferral for Certain Employees – Is it Worth the Risk to Employers?
On August 8, 2020, President Trump signed an executive memorandum to stop withholding Social Security tax from certain worker paychecks and
Latest PPP Forgiveness Guidance
Recently, the Small Business Administration in conjunction with the Department of Treasury, released a revised PPP loan forgiveness applicat
Long-Awaited Paycheck Protection Program Loan Forgiveness Guidance Released
The Department of Treasury issued the long-awaited guidance on requirements for Paycheck Protection Program loan forgiveness.
How is PPP Loan Forgiveness Calculated? A Guide to Maximizing PPP Loan Forgiveness
A guide to maximizing PPP Loan Forgiveness.
Paycheck Protection Program Eligibility Guidance Released
Recently, we sent an update regarding eligibility for PPP loans. That information left businesses of all sizes uncertain about eligibility
Paycheck Protection Program Important Updates
The shortage of funding in the first round of the Paycheck Protection Program (PPP) has caused increased scrutiny over the funds. One area..
You Received Your PPP Funds, Now What?
Many businesses started to receive Paycheck Protection Program (PPP) funding last week and many more will continue into this week and next.
Small Business Paycheck Protection Program
The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed on March 27, 2020. It contains a provision to allocate $350 billion
