Last week, the Supreme Court decided yet another case in a long line of legal challenges to the Affordable Care Act (ACA/Obamacare). While the Court did not rule on t
The IRS recently released guidance providing the 2022 inflation-adjusted amounts for Health Savings Accounts (HSAs).
On April 8, 2021, the IRS issued Notice 2021-25 that provides guidance on the temporary 100-percent deduction for food or beverages provided by a restaurant that was e
IRS and Pennsylvania have recently announced an extension to the 2020 Individual Income Tax Filing Deadline from April 15, 2021 to May 17, 2021. While this extends th
This week, President Biden signed into law the American Rescue Plan of 2021 (ARPA). This is the latest in a series of COVID-19 funding/stimulus legislation. At a 1.
The Small Business Administration (SBA) recently issued its latest Interim Final Rule (IFR) to provide new guidance. Most of the new guidance is to carry out the Bide
IRS recently issued Notice 2021-20 to provide much-needed additional guidance on the Employee Retention Credit (ERC) and has some insight into many of the questions re
Just before midnight on December 21, 2020, the Senate passed the Consolidated Appropriations Act of 2021 and sent it to President Trump for signature on December 22.
by Matthew R. Baker, CPA, Partner