Tax Law Updates - Including COVID-19
The Consolidated Appropriations Act, 2021 (the CCA, 2021), signed into law on December 27, 2020 made changes for both individuals and businesses. View the links below for more information.
Changes and updates were made to the payroll tax credits. Please view the updates below to make sure you have the most recent information.
Payroll Tax Credit - Employee Retention Credit
Payroll Tax Credit - Employer Paid Sick Leave and Employee Family Medical Leave Act
There is a second round for the Paycheck Protection Program for eligible small businesses.
Paycheck Protection Program - 2nd Round
Maryland extended filing and payment deadlines for certain Maryland business taxes and quarterly estimated income tax returns and payments.
You are now eligible to voluntarily get an Identity Protection PIN with the IRS.