100% Meals Expense Deduction for 2021 and 2022-IRS Provides Further Guidance
Newburg Staff Writers (4/12/21) Thanks to the Consolidation Appropriations Act of 2021 businesses are provided with an extra tax incentive to help out local restaurants that has been impacted [...]
Recent Updates to Various Pandemic Assistance Programs – March 31, 2021
Newburg Staff Writers-March 31, 2021 The American Rescue Plan Act of 2021 (ARPA) is the $1.9 trillion bill passed last month to assist taxpayers who have been impacted negatively [...]
Restaurant Revitalization Fund – Q&A
Newburg Staff Writers-March 16, 2021 Within the 591 page American Rescue Plan Act of 2021 lives an important grant to further support restaurants and bars. We have included below some pertinent [...]
Highlights of the $1.9 Trillion Pandemic Relief Bill
Newburg Staff Writers-March 11, 2021 (6:00 AM) Congress approved the expansive $1.9 trillion relief package on Wednesday, authorizing new federal spending, covering such areas as school and college aid, [...]
If you run a business from home, you could qualify for home office deductions
During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your business from your home or perform certain functions there, you might be able [...]
**Update – Watch the Recorded Webinar on: Maximizing Your Company’s Return with the Employee Retention Tax Credit (ERTC)
Be sure to view the recorded webinar (link provided below), which took place Friday, February 5th at 1:00PM (EST). The webinar featured David Natan of Newburg CPA, Tim Quin [...]
Tax Credit Extended to Those Providing Paid Family & Medical Leave
Newburg Staff Writers-January 25, 2021 (8:00 AM) Under separate provisions of the Consolidated Appropriations Act, 2021, the credit for coronavirus related paid sick and family leave, originally part of [...]
**Reminder** Submission Deadline Approaching for the Mass Sector Specific Grant Program
Newburg Staff Writers-January 14, 2021 (5:00PM) As a follow-up to our piece on December 24th Newburg | CPA Article on Massachusetts $668M Relief for Small Business we wanted to provide you [...]
Overview of the Key Tax Provisions Within the New Relief Act
Newburg Staff Writers-January 8th, 2021 (10:00AM) We wanted to highlight some of the key tax provisions impacting individuals and businesses contained within the new Consolidated Appropriations Act of 2021 [...]
PPP Application Updates
Newburg Staff Writers-January 11th, 2021 (4:00PM) We wanted to provide you some updates from the PPP programs. PPP1 (original ‘first round’ program from 2020) applications available today January 11. Note [...]