Menu
HARIK THOMPSON CPAs
  • About
    • Merger Announcement
    • Team
      • Patricia Harik
      • Kevin Thompson
    • Affiliation
  • Services
    • Accounting Services
    • Financial Planning
    • Business Consulting
    • Tax Strategies
  • News & Updates
  • Resources
  • Payments
  • Contact
  • About
    • Merger Announcement
    • Team
      • Patricia Harik
      • Kevin Thompson
    • Affiliation
  • Services
    • Accounting Services
    • Financial Planning
    • Business Consulting
    • Tax Strategies
  • News & Updates
  • Resources
  • Payments
  • Contact

What's in the New 2021 Stimulus Bill?

3/24/2021

 

Read More

Relief Bill Offers Provisions for Families and Children

1/28/2021

 
The second stimulus package (Consolidated Appropriations Act, 2021) includes $10 billion to provide immediate assistance to child-care providers and $250 million for the Head Start program. Who is in line for this aid? There are multiple recipients, as outlined below.

Read More

Relief Bill Contains Breaks on FSAs

1/13/2021

 
The recently signed relief bill — the Consolidated Appropriations Act, 2021 — is letting those who have flexible spending accounts roll money over, which is a win for parents and those with live-in elderly loved ones.

Read More

New Stimulus Has Plenty for Small Business

1/13/2021

 
The pandemic relief package (Consolidated Appropriations Act, 2021) gives a break to small businesses by reopening the Paycheck Protection Program so that some of the hardest-hit small businesses can apply for a second loan.

Read More

Aid Package Signed Into Law

12/30/2020

 
The much discussed aid package has been signed into law after significant delay and controversy. We'll be revisiting this topic in the coming days as the details become clearer. Meanwhile, here are the key takeaways:

Read More

IRS Releases Additional Guidance on PPP Loan Forgiveness

12/2/2020

 
The IRS has released new guidance on various aspects of PPP loan forgiveness. Below are summaries of the key provisions.

Read More

Disaster Relief Payments: A Simple Way To Help Employees

10/7/2020

 
When the COVID-19 pandemic was declared a national emergency earlier this year, it triggered Section 139 of the Internal Revenue Code. Under Section 139, employers can provide tax-free payments or reimbursements to employees for certain expenses associated with a qualified disaster — such as the COVID-19 crisis. ​

Read More

Payroll Tax Holiday and Unemployment Boost Are in Flux

9/9/2020

 
On Aug. 8, the White House issued a series of memorandums and executive orders to provide relief while Congress continued to debate legislative action. However, there are limits regarding what can be done in the absence of congressional approval, and that has led to confusion about what exactly is being provided.

Read More

What's the Story on the Employee Retention Credit?

4/22/2020

 
The Employee Retention Credit has been designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by the coronavirus and quarantine.

Read More

Certain Employers Get Break on Form I-9

3/25/2020

 
There are a lot of issues employers need to be concerned about as they shut down their offices and send everyone to work at home during the pandemic. However, the Department of Homeland Security is trying to make it easier. Below is part of a statement it issued on Form I-9 relief. The full statement is available on the DHS website.

Read More
<<Previous

    Newsletter articles are posted every 2 weeks. ​

    If you would like to have our e-newsletter delivered directly to your inbox, please sign up. Your information is confidential; you can unsubscribe at any time. Subscribe.

    Archives

    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017

    Categories

    All
    1099 Form
    2021 Adjustments
    401Ks And IRAs
    529 College Savings Plans
    941 Form
    ACA Affordable Care
    Accounts Receivables
    ADA - Americans With Disabilities Act
    Americans With Disabilities
    Annuities
    Audits
    Back Pay
    Bankruptcy
    Basis
    Benefit Transfers
    Blockchain
    Bonuses
    Box 1
    Budgeting
    Business Deductions
    Business Interest Expense
    Business Interruption Insurance
    Business Structure
    Business Tips
    Capital Gains
    CARES Act
    Cash Flow
    Charitable Gifts
    Communication
    Compensation
    Coronavirus
    Coronavirus Relief Package
    Credit Cards
    Credit Score
    Crowdfunding
    Death And Debt
    Debt
    Deductions
    Depreciation
    Disaster Relief Payments
    Disaster Tax Break
    Diversity Training
    Divorce
    D&O Insurance
    Down Payment
    Dress For Success
    Earned Income Tax Credit
    Education Credits
    EIN Employee ID Numbers
    Elder Mediation
    Employee Direct Deposit
    Employee Leave
    Employee Overpayment
    Employee Ownership
    Employees Cross State Lines
    Employment Record Keeping
    Employment Taxes
    Entertainers
    ESOP
    Estate Planning
    Estate Taxes
    Estimated Taxes
    Executor
    Expenses And Depreciation
    Expensing Rules
    Family Businesses
    Family Leave
    Fiduciary
    Filial (Adult Child) Responsibilities
    Filing Status Options
    Financial
    Financial Advisor
    Financial Planning
    Flood Insurance
    Floods
    Foreign Earned Income
    Franchise Ownership
    Fraud
    Freelancing
    Furloughs
    Headcount Reporting
    Health Care
    Health Savings Account
    Hiring Compliance
    Hiring Help
    Hiring Tax Credits
    Hoaxes
    Hobby Vs. Business
    Home Equity Loans
    Home Office Deduction
    Homeowners
    HSA
    Hurricanes
    IC-DISC
    Identity Theft
    Income Tax
    Information Return
    Inherited Mortgage
    Insurance
    Investing
    Investors For Your Business
    IRAs
    IRS CP2000
    IRS Disagreements
    IRS Identity Protection PIN
    IRS Rights
    Joint Tenancy
    Key Performance Indicators
    Kiddie Tax
    Layoffs
    Lease Accounting
    Leave
    Life Insurance Trusts
    Loans
    Long Term Care Insurance
    Long-Term Care Insurance
    Managing Employees
    Marriage Penalty
    Maternity And Paternity Leave
    Medicaid Trust
    Medical And Dental Deductions
    Medicare
    Mergers
    Mileage Rates
    Morale
    Mortgages
    Multistate Taxes
    Myers-Briggs Personality Types
    Net Investment Tax
    New
    Newsletters
    New Tax Law
    Noncompete Agreements
    Operating Loss
    Opportunity Zones
    Organize Your Finances
    OSHA
    Outsourced Accounting
    Overtime Exemption
    Padding
    Pandemic Planning
    Papers For Taxes
    Part-time Help Tax Rules
    Passwords
    Payable On Death Accounts
    Paycheck Protection Program
    Payday Changes
    Payday Frequency
    Payroll Cards
    Payroll Scams
    Payroll Taxes
    Pensions
    Personal Finances
    Power Of Attorney
    PPP Loan
    Private Tax Debt Collection
    Property Taxes
    Protecting Wealth
    QSEHRA Benefits
    R & D Tax Credit
    Real Estate 1031 Exchange
    Real Estate Held In IRA
    Real Estate Investment Trusts
    Reciprocal Agreements
    Records
    Remote Employees
    Reporting
    Retirement
    Revenue Recognition
    Reverse Mortgage
    Sales Tax
    SBA Loans
    Schedule C
    Self Employment Taxes
    Severance Pay
    Severence Pay
    Sexual Harassment
    Sharing Economy Tax Implications
    Sick Leave Rules
    Small Business Administration
    Social Media
    Social Security
    Spendthrift Trust
    State And Local Taxes
    Student Loans
    Success
    Succession Plan
    Supplemental Wages
    Tariffs
    Tax Brackets
    Tax Breaks
    Tax Changes
    Tax Credits
    Tax Debt Collection
    Tax Deductions
    Tax Forms
    Tax-Loss Harvesting
    Taxpayer First Act
    Tax Planning
    Tax Preparation
    Tax Reform
    Tax Refunds
    Tax Scams
    Trump's Tax Law
    Unemployment Tax
    W-2 Form
    W 4 Form
    W-4 Form
    W-4 Requests
    Wage Garnishments
    Wages And Overtime
    Wills And Trusts
    Withholdings

    RSS Feed

Proudly powered by Weebly