Treasury, IRS provide guidance on tax relief for deductions for food or beverages from restaurantsBusinesses can temporarily deduct 100% beginning...
Read PostFederal Legislation
Federal Legislation
$1.9 trillion pandemic aid package contains $28.6 billion in direct aid to restaurants. The targeted aid resulted in part from the...
Read PostNEWS RELEASE FOR IMMEDIATE RELEASE POSTED ON MARCH 11, 2021 CONTACT: Sarah Thorson RESTAURANT REVITALIZATION FUND TO PROVIDE MORE THAN $28.6...
Read PostHOUSE PASSES AMERICAN RESCUE ACT PLAN! Plan includes $28.6B Restaurant Revitalization Fund With today’s vote approving the American...
Read PostSources: Aaron Frazier (Director of Healthcare and Tax Policy, National Restaurant Association); Internal Revenue Service (IRS) The Internal...
Read PostRaise the Wage Act/COVID Relief Update Breaking last night, the US Senate Parliamentarian, Elizabeth MacDonough, made ruled that the Raise the...
Read PostStan Harris, LRA president and CEO, weighs in on the tax law changes that could provide restaurants with big credits. The Taxpayer...
Read PostFACT SHEET: Biden-Harris Administration Increases Lending to Small Businesses in Need, Announces Changes to PPP to Further Promote Equitable Access...
Read PostResolution of Hold Codes through SBA Review | February 10, 2021 If the Lender’s Second Draw PPP Loan guaranty application cannot be processed...
Read PostSmith & Howard is helping clients navigate changes made to the Employee Retention Credit (ERC) as a result of the Consolidated Appropriations...
Read PostAll eyes have been on DC this week as movement on the massive pandemic relief package progressed. Lasting well into this morning, an hours-long...
Read PostDid you know a new law signed in December might mean your operation is eligible for an employee retention tax credit? There are...
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