The Consolidated Appropriations Act (CAA) extended the payroll tax credit available to employers for amounts paid under the EPSLA and EFMLEA through March 31, 2021, but did not extend the mandate to provide the leave. Therefore, employers may elect to voluntarily continue to offer the paid leave to those employees who did not exhaust the leave in 2020. Read more.Read More
Informally known as "PPP2," the second round of the Paycheck Protection Program (PPP) includes $284 billion in federal funding, and while based on similar principles as the original PPP, carries some key differences. Read more.Read More
The passing of the Consolidated Appropriations Act, 2021, H.R. 133—a $900 billion pandemic relief bill— affords many important provisions that impact both individual and business taxpayers. Your trusted REDW tax advisors have provided a summary of the top provisions within the bill. Read more.Read More
The recently passed "Consolidated Appropriations Act, 2021" contains a welcome surprise for business owners affected by the COVID-19 pandemic. In a significant turn away from guidance originally published by the IRS, the new legislation intends to allow a business to deduct expenses in full, even if paid with forgiven PPP funds. Read more.Read More
After the 2020 leak of the FinCEN files, REDW specialists review the compliance duties of the casino gaming industry in filing suspicious activity reports, and provide anti-money laundering (AML) program guidance for gaming establishments. Read more.Read More
In time for taxpayers’ 4th quarter estimates and year-end planning, the U.S. Treasury Department and Internal Revenue Service (IRS) have released new guidance to clear up the tax treatment of expenses with Paycheck Protection Program (PPP) loans. Read more.Read More
Assess which policies helped your business to perform well in 2020 by updating your Employee Handbook. Doing so can also help to identify needed policy changes for employees to align with strategic direction for next year. Read more.Read More
If your business or non-profit received at least $2 million in Paycheck Protection Program (PPP) funding, you will have to complete one of two new loan necessity questionnaires. Read more.Read More
Wrapping up National Cybersecurity Awareness Month, REDW Senior Manager of Cybersecurity Jennifer Moreno takes a quick look at the future of connected devices and how technological innovations like the Internet of Things (IoT) impact online experiences for consumers and business professionals. Read more.Read More
As professional and personal activities intermix on mobile devices, IT professionals and business owners must review the new work environment as a new set of potential vulnerabilities. In week two of National Cybersecurity Awareness Month, REDW Cybersecurity Senior Manager Jennifer Moreno covers six core security steps for mobile devices, and the essential elements of a cybersecurity awareness education program. Read more.Read More
