The Internal Revenue Service recently issued guidance addressing improper forgiveness of a Paycheck Protection Program loan (PPP loan). The guidance confirms that, when a taxpayer's loan is forgiven based upon misrepresentations or omissions, the taxpayer is not eligible to exclude the forgiveness from income and must include...
Employment practices liability insurance, or EPLI, is a certain kind of specialized insurance that serves the purpose of safeguarding businesses that are facing various types of employment-related claims. According to information available on the Insurance Information Institute’s website, it is noted that “some insurers provide this...
When the COVID-19 pandemic started, no one could have envisioned how long remote work would last or how many people would want to continue working remotely on a permanent basis. Along with the many problems this created in the workplace is one that affects how...
WASHINGTON – The Internal Revenue Service reminds first-time filers and those who usually don't have a federal filing requirement to consider filing a 2020 tax return. They may be eligible to claim the Recovery Rebate Credit, a new refundable credit, authorized by the Coronavirus Aid, Relief,...
In an ideal world, communication would be easy. We’d immediately know exactly what to say or write. Emails, Slack messages, and reply threads would practically write themselves. And there’d be no confusion about what anyone meant, ever. Of course, communication never works that way. We stare...
How should we handle returning personal belongings to a terminated employee? Can we pack them up for the employee? You may pack personal belongings for the employee or ask that they come in and collect their items. My preference is to let the employee gather...