Business Tax
Employee Retention Credit: Amend the Proper Return
The Employee Retention Credit (ERC) is a refundable pandemic-related tax credit for eligible employers who were fully or partially suspended due to a governmental order…
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Business Tax
IRS Issues Renewed Warning on Employee Retention Credit Claims
AAFCPAs reminds clients to remain vigilant of promoters providing misleading guidance as it relates to the Employee Retention Credit (ERC). The Internal Revenue Service recently…
Uncategorized
Schools Eligible for the Employee Retention Credit
AAFCPAs would like to remind independent schools of the availability of the Employee Retention Credit (ERC). The ERC provides significant refundable payroll tax credits to…
Courtney McFarland
Clients Having Success Reassessing Employee Retention Credit
Many of AAFCPAs’ clients are having success reassessing their eligibility for the Employee Retention Tax Credit. “IRS anticipates that approximately 70%-80% of small and medium…
Courtney McFarland
Watch Now: Reassess Eligibility for the Employee Retention Credit
AAFCPAs' Webinar: Reassess Eligibility for the Employee Retention Credit is now available OnDemand. This webinar was recorded live on June 28th, 2022 to provide clients…
Courtney McFarland
Attention PPP Loan Recipients: Bulletin from the SBA
AAFCPAs would like to make clients aware of a recent bulletin issued by the Small Business Administration (SBA) affecting recipients of Paycheck Protection Program (PPP)…
Employee Retention Credit (ERC)
MA HireNow Program Offers $4,000 Per New Employee Grant
AAFCPAs would like to make clients aware that the Baker-Polito Administration recently announced its “HireNow” Hiring and Training Employer Grant Program, which provides eligible employers…
Uncategorized
MGCC Deploys $75 Million to Small Businesses
AAFCPAs’ client Massachusetts Growth Capital Corporation (MGCC) is offering two new grant programs for small businesses affected by the COVID-19 pandemic. These funds were appropriated…
Individual, Family & Fiduciary Tax
Child Tax Credit Advance Payments: IRS Letter 6419
AAFCPAs would like to make clients aware that the IRS has started mailing copies of its Letter 6419, which outlines Advance Child Tax Credit payments…
