The IRS on Tuesday issued a new form and instructions for employers to use to obtain advance payments of three tax credits that were created to help businesses cope with the coronavirus pandemic.

The Internal Revenue Service said Wednesday it has begun to send letters to taxpayers who are seeing delays in the processing of their Form 7200, Advance Payment of Employer Credits Due to COVID-19. A ...

One provision of the American Rescue Plan Act of 2021 was a refundable tax credit available to small, midsize and certain government employers that reimburses them for the cost of providing paid sick ...

We have posted many times on the Employee Retention Credit (ERC) and most everyone knows that the ERC is no longer allowed for almost all farm operations for wages paid after September 30, 2021.

Some small businesses and non-profit organizations can claim a "paid leave tax credit" to fully offset the costs of providing paid sick leave to employees getting a COVID-19 vaccine and recovering ...