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Early Sunset of the ERC Gets Penalty Relief

Employers that received an advance payment of the ERC or reduced their employment tax deposits in anticipation of receiving the ERC for the fourth calendar quarter of 2021 may repay or deposit the taxes without penalty under guidance issued Monday by the IRS (Notice 2021-65).

January Tax Due Date Is Approaching

Businesses have to adhere to a strict tax schedule, and January 31 is a red-letter date. A variety of filings are due. Click through for an overview of your business tax responsibilities as the year draws to a close.

Four Technologies That Are Changing How Brokerages Are Run

Change is no longer an option for brokerages operating in the 21st century. Technology not only is changing the way brokers and agents interact with their clients, but also is changing how brokerages are run in general. Click through to learn about four technologies that are driving the commercial real estate game.

Construction Companies: Recognizing Revenue Under ASC 606

Before ASC 606 was adopted, there was no formal standard for the recognition of revenue across industries. Click through to learn how this important standard has affected the construction industry.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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