My goal today is to list new tax provisions from the CAA to be aware of as we move into tax season. 1) Revamped and expanded Employee Retention Tax CreditTo get this credit, you must have fewer than 500 employees (previously 100). You also must have been...
Let’s start today with a couple of questions I’ve been getting here at Serrano Bookkeeping from our San Diego small business clients about the second round of the PPP, and some of the new provisions of the recent bill that affect businesses.If I received...
We celebrated our youngest’s birthday this week. Isabel turned twelve, and the low key celebration we had was in stark contrast to the many friends she had for her birthday party a year ago before all things Covid. Isabel is in her first year of...
Wow, does it ever feel good to have turned the page on 2020. 2021 holds great promise for our business clients.With the potential of easing lockdowns in our future (assuming that the vaccine and other developments will enable a further re-opening of society), and...