Employee Retention Tax Credit Back in March of 2020, The CARES Act granted eligible employers a credit, the Employee Retention Tax Credit (ERTC), against employment taxes equal to 50 percent of qualified wages paid to employees who are not working due to the employer’s full or partial suspension of business or a significant decline in […]
On December 27, 2020, President Donald Trump signed the Consolidated Appropriations Act, 2021 (H.R. 133) into law. Below are the significant individual and business provisions. Extension of Unemployment Insurance Compensation Benefits An 11-week extension of unemployment insurance benefits. This will provide an additional $300 per week along with state unemployment insurance. Stimulus Checks to Individuals Similar to […]
Gwyn Broski is a supervisor in the tax department at Corrigan Krause. Update from Scott Serfozo, supervisor in the tax department at Corrigan Krause. Marriage is an exciting time for couples however, along with most life changes; your tax situation also changes. It is important to understand basic tax considerations and consequences for newlyweds. […]
It’s that time of year again, tax time is here! Our goal is to take the headache out of the tax filing process – we’re here to help you make tax time less taxing. Every year, we strive to provide you with the best experience possible, and we take necessary steps to make the process […]
Eric Dorenkott, CPA, MT is a director at the firm and the head of the tax department. On July 18, 2019, Governor Mike DeWine signed into law the 2020-2021 Ohio budget (House Bill 166). The following blog outlines the issues that could affect you and/or your business this year and into the future: Individuals (effective […]
