The IRS issued guidance clarifying that the purchase of personal protective equipment, such as masks, hand sanitizer and sanitizing wipes, for the primary purpose of preventing the spread of coronavirus are deductible medical expenses. The amounts paid for personal protective
After months of debate, the next COVID-19 stimulus bill has been finalized. President Biden signed the bill into law on Thursday. One very conspicuous absence is the measure to increase the minimum wage to $15/hour. Democrats attempted to include this
CMS and the CDC have issued updated guidance for nursing homes to safely expand visitation options during the COVID-19 pandemic. According to the updated guidance, facilities should allow responsible indoor visitation at all times and for all residents, regardless of
From CDC.gov: This is the first set of public health recommendations for fully vaccinated people. This guidance will be updated and expanded based on the level of community spread of SARS-CoV-2, the proportion of the population that is fully vaccinated,
Last month, HHS and CMS announced a Special Enrollment Period (SEP) for individuals and families for Marketplace coverage in response to the COVID-19 Public Health Emergency. This SEP will allow individuals and families in states with Marketplaces served by the
The IRS has updated their FAQs about recent legislation that extended and amended tax relief to certain small- and mid-sized employers under the Families First Coronavirus Response Act (FFCRA). Click here to access the upgraded FAQs, and continue reading below
A special announcement from the IRS: The Internal Revenue Service today urged people to visit IRS.gov for the most current information on the second round of Economic Impact Payments rather than calling the agency or their financial institutions or tax
The Paycheck Protection Program (PPP) has been a critical lifeline for businesses across the country. However, even if your PPP loan will be forgiven, there is no free lunch. The forgiveness application process is complex, with exacting requirements that are difficult to navigate. The Small Business Administration (SBA) requires that every penny of your loan
The Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 to millions of Americans who received the first round of
Congress is on the verge of passing the next Coronavirus Relief bill and a large Omnibus Spending bill after months of gridlock. The two bills come in at $2.3 trillion, with $900 billion in Coronavirus Relief, and $1.4 trillion to
