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Additional financial relief to taxpayers and businesses coping with the impact of COVID-19
With a mix of remote, on-site, shift workers and contracted employees, cyber thieves have more opportunities than ever before.
If the last eighteen months have taught us anything, it’s that every business is vulnerable to disruptions. The level of damage these types of interruptions cause can often be avoided with better tools and solid processes in place to ensure business continuity as best as possible.
The New York State 2021-22 budget bill included a new Pass-Through Entity Tax (“PTET”) regime, which is an electable tax on pass-through entities, effective for tax years beginning on or after January 1, 2021. Eligible partnerships and S corporations with a New York filing requirement have the option to pay an entity-level tax at graduated rates.
Did you start a business after February 15, 2020? If you can answer “yes,” you may be eligible for a maximum $50,000 per quarter refundable Employee Retention Credit in Q3 and Q4 of 2021, for a grand total of $100,000.
Freed Maxick has helped companies from every sector of industry
enhance their profitability, save taxes and preserve wealth.