Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing, according to several reports. Reductions in work... Read More

Eligible parents will soon begin receiving payments from the federal government. The IRS announced that the 2021 advance Child Tax Credit (CTC) payments, which were created ... Read More

Even after your 2020 tax return has been successfully filed with the IRS, you may still have some questions about the return. Here are brief answers to three questions that ... Read More

Eligible parents will soon begin receiving payments from the federal government. The IRS announced that the 2021 advance Child Tax Credit (CTC) payments, which were created in... Read More

CLICK HERE TO LISTEN TO EPISODE 14 Biden’s Proposed Tax Updates   Welcome to Accounting and Accountability!   I just found out this week that ... Read More

As part of the American Rescue Plan Act of 2021 (ARP), the Restaurant Revitalization Fund (RRF) was established to provide much needed benefits and relief for restaurants an... Read More

As part of the American Rescue Plan Act of 2021 (ARP) that was recently passed, a revised version of the Emergency Family and Medical Leave (EFML) was extended.  Origin... Read More

Tuesday, March 30, 2021 President Joe Biden signed an extension to the Paycheck Protection Program (PPP) into effect.   Businesses and qualified non-profit entiti... Read More

The American Rescue Plan Act of 2021 (the Act) was signed into law by President Biden on March 11, 2021.  This colossal $1.9 trillion bill offers further individual tax... Read More

CLICK HERE TO LISTEN TO EPISODE 12   The American Rescue Plan Act of 2021 and Covid Fraud   Welcome back to another episode of Accounting and Acco... Read More

CLICK HERE TO LISTEN TO EPISODE 11   Transcript of podcast: Stimulus Checks, Paid Leave and IRS Notices, Oh MY So, the stimulus, you know, we had a stimul... Read More

  One of the most impactful parts of the Consolidated Appropriations Act of 2021 is the introduction of a second round of Paycheck Protection Program (PPP) loans.&nb... Read More

On February 8, 2021 Governor John Carney signed House Bill 65 (the Bill) into law.  This Bill effectively exempts any unemployment benefits paid in 2020 from being consid... Read More

  The Employee Retention Credit (ERC) is a credit designed to help those businesses struggling with COVID related restrictions, causing a lack of income that threa... Read More

Join Team Faw Casson for a virtual discussion on the newly passed Act, and how it may impact you and your business. During these open discussions, we will review... Read More