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The Consolidated Appropriations Act, 2021, signed into law December 27, 2020, introduces several new relief opportunities for both businesses and individuals. Below we have highlighted a few of the key aspects of... Continue Reading
The President signed the Consolidated Appropriations Act, 2021 into law on December 27, 2020. The act includes the $900 billion stimulus COVID-19 bill to help provide continued assistance to individuals and... Continue Reading
The Consolidated Appropriations Act, 2021 signed into law by the President on December 27, 2020, contains significant enhancement and extension on various business and individual tax laws. Under the new tax law, the... Continue Reading
In an effort to boost the economy and provide relief from the impact that COVID-19 continues to have on Americans, Congress passed a $900 billion relief package and sent to the President for signature. If signed into... Continue Reading
In an effort to obtain the required supporting documentation for Paycheck Protection Program Loans exceeding $2 million, the SBA has published a notice seeking to release two questionnaires, one for for-profit... Continue Reading
New Streamlined PPP Loan Forgiveness Application The SBA has approved a simplified one-page PPP loan forgiveness application for loans of $50,000 or less. The new streamlined form makes the... Continue Reading
On October 2, 2020 the SBA issued a procedural notice regarding Paycheck Protection Program Loans and changes of ownership. The notice clarifies the required procedures for changes of ownership of an entity that... Continue Reading
HLB is proud to announce that it has been named 'Network of the Year' at the 2020 Digital Accountancy Awards. The award was presented at the virtual ceremony which took place on 30 September. Team HLB were also... Continue Reading
The IRS has issued new guidance on the payroll tax deferral that was ordered by President Trump's Executive Order on August 8. This guidance requires the immediate attention of employers, as the payroll tax relief is... Continue Reading
