Taxes

congress

March 10, 2021 

Biden Signs Stimulus Bill into Law

In this version, the maximum payment is $1,400 per qualified individual or $2,800 for a couple. Previous payment amounts were for $1,200 and $600 per qualified individual respectively. In addition, payments are now available for all dependents, ...

 Webinar Addresses the Latest COVID-19 Relief Bill

March 16, 2021 

Webinar Addresses the Latest COVID-19 Relief Bill

Corvee, a software and solutions company serving tax and accounting firms, is offering a webinar to help tax and accounting professionals navigate the latest COVID-19 Stimulus Relief Bill (American Rescue Plan). The webinar aims to provide insight and ...

 Shelly Weir Appointed President & CEO of FICPA

March 8, 2021 

Shelly Weir Appointed President & CEO of FICPA

In her role at the American Hotel & Lodging Association, Weir designed and executed programs that delivered career advancement opportunities and competency attainment for professionals in the hotel sector in order to strengthen the lodging industry ...

Coronavirus Checks Payments Stimulus

March 7, 2021 

$1.9 Trillion Covid Stimulus Passes Senate

President Joe Biden’s signature $1.9 trillion Covid-19 relief bill passed the Senate 50-49 on Saturday following a more than 25-hour marathon of amendment votes completed after Democrats settled an intra-party dispute over unemployment aid.

Tax_credits

March 4, 2021 

AICPA Submits Recommendations on Employee Retention Credit

Following the submission of AICPA’s recommendations, the IRS released guidance on the ERC. However, the guidance failed to clarify whether wages paid to S corporation owners and their actively employed spouses qualify for the ERC if all other ...