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Georgia’s Legislature Enacts Pass-through Entity Tax

On May 4, 2021, Governor Kemp signed House Bill 149 into law. The new law makes Georgia the latest state to circumvent the $10,000 SALT deduction limitation that was established with the 2017 Tax Cuts and Jobs Act....

Georgia Extends Tax Deadline

On March 19, 2021, the Georgia Department of Revenue announced that the state of Georgia will automatically extend the 2020 individual income tax filing and payment deadline from April 15, 2021, to May 17, 2021. This...

American Rescue Plan Act Signed into Law

On March 11, 2021, the American Rescue Plan Act was signed into law by President Biden. As we previously reported, the Act includes many provisions intended to stimulate the economy including: Stimulus payments ...

Employee Retention Credit - Consolidated Appropriations Act

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...

SBA Updates for PPP Borrowers

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...

SBA Guidance on PPP Loans and Change of Ownership

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...

SBA Issues Interim Final Rule for PPP

The SBA has released new guidance on PPP loan forgiveness. This guidance provides the following clarifications on prior PPP-related legislation:Owner exemption from the PPP owner-employee compensation rule -...

Suspension of Required Minimum Distributions

An important provision within the CARES Act is the suspension of Required Minimum Distributions ("RMDs") from qualified retirement plans and IRAs for 2020. 2019 RMDs that were not taken before January 1, 2020 and...

Data Analytics: Discovery, Implementation and Management

As a leading organization within the Manufacturing, Distribution and Supply Chain space, you won't want to miss this webinar. With so much uncertainty in the market, data analytics are becoming an essential tool...

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