- Consequences of Filing Married Separately
- Couples who are married on the last day of the tax year basically have two filing status options when filing their tax returns: either married filing jointly (MFJ) or married filing separately (MFS) returns. Generally, filing MFJ will produce the better tax result. However, other factors – usually personal or financial rather than tax-related – can come into play that cause taxpayers to choose to file MFS returns.
- Paid Sick Leave vs. Vacation vs. PTO: What You Need to Know
- More and more jurisdictions are passing laws requiring employers to provide paid leave to employees, and the COVID-19 pandemic has only accelerated this trend. To help you understand the potential impact on your existing policies, here are answers to some frequently asked questions on paid sick leave, vacation, and paid time off.
- Video tip: You May Qualify for Free COBRA Health Insurance
- The recently passed American Rescue Plan provides a 100% subsidy for COBRA premiums of eligible individuals. Watch this video for details.
- Tax-Free Grants for Restaurants
- The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss, up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
- Here’s What Happened in the World of Small Business in April 2021
- In this small business breakdown, we discuss important current events that are affecting small businesses across the United States. Here’s the top news from April 2021.
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