Advance Child Tax Credits Under the American Rescue Plan Act
Advance Child Tax Credits Under the American Rescue Plan Act June 11, 2021 Starting in July, families who are eligible for the Child Tax Credit will start seeing some enhanced credits and direct payments of the credit, thanks to some changes under the American Rescue...
Timely Updates on Economic Relief Programs
Timely Updates on Economic Relief Programs April 12, 2021 Over the past couple of weeks, important updates have been announced for several of the federal COVID-19 economic relief program. These program updates include the following:Funds Likely to Run Out Before May...
HBE’s Rapid Response Team Helps Businesses Recover from COVID-19
HBE’s Rapid Response Team Helping Businesses Recover from COVID-19In hospital settings, a Rapid Response Team (RRT) is a group of highly-trained, multi-disciplinary professionals who are called upon to prevent a medical emergency when a patient begins to show signs of...
Important Changes to the Employee Retention Credit (ERC)
Important Changes to the Employee Retention Credit (ERC) March 24, 2021 Many different relief opportunities continue to be available for businesses through the ongoing COVID relief bills that Congress has implemented over the past year. Although much of the focus has...
Small Businesses are on Equal Ground with Data-Mature Retailers as Consumer Behavior Shifts
By Zach Johnson, Data AnalystSmall Businesses are on Equal Ground with Data-Mature Retailers as Consumer Behavior Shifts The global COVID-19 pandemic has drastically altered consumer buying patterns for many industries. As a result, a rare phenomenon has followed—the...
2021 Federal Tax Filing Deadline Extension
2021 Federal Tax Filing Deadline Extension March 18, 2021 In response to the ongoing pandemic-related strain placed on taxpayers, and the added complexities tax preparers are navigating due to various economic relief measures, the Treasury Department and Internal...
2021 Economic Impact Payments
2021 Economic Impact Payments March 17, 2021 As part of the 2021 American Rescue Plan Act, third-round economic impact payments, or stimulus checks, were authorized for millions of eligible Americans. These payments have now started reaching bank accounts via direct...
Congress Passes American Rescue Plan
Congress Passes American Rescue Plan March 11, 2021 On March 10, after several revisions in the Senate, the U.S. House of Representatives passed the American Rescue Plan Act of 2021. President Biden is expected to sign the bill later this week, providing another...
PPP Loan Revisions Under the Biden Administration
PPP Loan Revisions Under the Biden Administration March 8, 2021 Last month, President Biden and Vice President Harris introduced revisions to the Paycheck Protection Program (PPP) loans through the Small Business Administration (SBA). These revisions began to take...
New PPP Regulations and Forgiveness Applications from the SBA
New PPP Regulations and Forgiveness Applications from the SBA January 28, 2021 In the past several weeks, the SBA has been busy putting out additional information related to various aspects of the Paycheck Protection Program (PPP), including the new rounds of loan...