What you need to know to fill out this form correctly The Form 1099-NEC is used to report any compensation given to nonemployees by a...

The key things to know about PPP1 and PPP2, EIDL, ERC and HHS in one place The COVID-19 pandemic brought many unforeseen challenges to 2020...

The Consolidated Appropriations Act’s tax provisions impacting you In late December of 2020, the Consolidated Appropriations Act (CAA) became law. Although most of the news...

Walk through two scenarios on how to calculate the credit Earlier this week, we released a blog outlining the changes to the Employee Retention Credit (ERC)....

Details surrounding how to claim this credit in 2020 and 2021 In late December, Congress passed the Consolidated Appropriations Act 2021 (CAA), a bill combining...

SBA portal opens for first- and second-time borrowers As of Jan. 11, 2021 at 9:00 a.m., the Paycheck Protection Program (PPP) loan portal system is...

Plan for this year and catch up on IRA retirement savings Last year was tough, but 2021 brings a fresh opportunity to get retirement savings...

Summary of important deadlines, eligibility requirements, and loan amounts On December 27, 2020, President Trump signed into law the Economic Aid to Hard-Hit Small Businesses,...

What small business owners need to know about the new stimulus package The long-awaited 3rd round of economic stimulus has finally arrived. CWA is combing...

Includes new round of PPP and tax relief for small businesses After nearly nine months of mostly stalled negotiations, congressional leaders have finally reached an...

Items to take action on before Dec. 31, 2020 While tax planning strategies should be implemented throughout the year, this year has had a myriad...