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SBA aims to expedite PPP loans despite fraud risks accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.
Businesses who didn’t receive forgiveness on their Paycheck Protection Programs can now claim a tax credit instead, thanks to a provision in last month’s coronavirus stimulus package. ....
SBA releases streamlined PPP forgiveness forms accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.
What s True The IRS is opening tax filing season more than two weeks later than in 2020 due to tax law changes resulting from COVID-19 relief legislation, meaning those who typically file early will get tax refunds later than normal. What s False However, the IRS anticipates that nine out of 10 taxpayers will receive their refund within 21 days of when they file electronically with direct deposit if there are no issues with their tax return. What s Undetermined It s unclear how many taxpayers who file 2020 tax returns by the April 15 deadline will experience delays. Origin On Jan. 6, 2021, the IRS announced that it would begin tax season on Feb. 12 later than the usual end-of-January start citing a change in tax law that came with a federal COVID-19 relief package passed in late 2020: ....
The future of tax CPE accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.