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Financial statement audits, reviews, and compilations can provide many benefits to your business, including helping to build trust and legitimacy.

The Restaurant Revitalization Fund (RRF) has opened to new applicants beginning May 3, 2021. The RRF offers tax-free grants that do not need to be repaid to restaurants and similar businesses to help them cope with the COVID-19 pandemic. Created by the American Rescue Plan Act, the RRF provides grants …

Funding Now Available to Restaurants through the Restaurant Revitalization Fund Read More »

On April 29, 2021, California Governor Gavin Newsom signed into law Assembly Bill 80 (AB80), the Coronavirus Aid, Relief, and Economic Security Act: Federal Consolidated Appropriations Act, 2021. Previously, California law allowed businesses to exclude forgiven PPP loan funds from their taxable income, but did not allow businesses to deduct …

New California Law AB80 Allows Businesses to Deduct Expenses Paid Using PPP Loan Funds on Their Taxes Read More »

The American Rescue Plan Act of 2021 (ARP) allows smaller and mid-sized employers to claim a tax credit for the cost of COVID-19 related sick and family leave, including time taken to receive or recover from the COVID-19 vaccine.

President Joe Biden’s March 2021 legislation, the American Rescue Plan Act of 2021, is one of the largest economic relief plans in United States history. The law contains new relief measures to help businesses and individuals weather the COVID-19 pandemic.