March 17, 2021
Steve Grgas
Blog Posts
0 CommentsNew Form for Self-Employed COVID-19 Leave Credits The IRS has released new Form 7202, Credits for Sick Leave and Family Leave for Certain Self-Employed Individuals. The form allows eligible self-employed individuals to calculate the amount to claim for qualified sick and family leave tax credits under the Families First Coronavirus Response Act (FFCRA) ( P.L. […]
Read moreAugust 06, 2020Steve GrgasBlog Posts0 CommentsCoronavirus-Related Distributions and Plan Loan Guidance The IRS has issued guidance on coronavirus-related distributions and plan loans. The guidance presents the rules set out in Act Sec. 2202 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act ( P.L. 116-136); adds three new categories to the list of individuals who qualify due to adverse financial […]
Read moreApril 20, 2020Steve GrgasBlog Posts0 CommentsFor Businesses With 3 to 20 Employees – US Chamber of Commerce Small Business Grant Fund April 20, 2020 Dear Clients, Colleagues and Friends, The US Chamber of Commerce has launched the “Save Small Business Grant Fund”. Funded by contributions from corporate and philanthropic partners, the program provides $5,000 supplemental grants for small employers with […]
Read moreApril 04, 2020Steve GrgasBlog Posts0 CommentsCybersecurity & COVID-19 April 4, 2020 Dear Clients, Colleagues and Friends, Unfortunately, cyber criminals are capitalizing on the outbreak through phishing attacks and other intricate scams. The Internal Revenue Service warns all to be on the lookout for a surge of calls and email phishing attempts around COVID-19 and stimulus payments/programs that can lead to […]
Read moreMarch 30, 2020Steve GrgasBlog Posts0 CommentsHelp for Real Estate Agents/Brokers RE: COVID-19 March 30, 2020 To all REBNY Members and the entire Real Estate Agent/Broker Community, Our firm has dedicated our resources to assisting the Real Estate Agent and Broker community in response to COVID-19 and it’s impacts. We are constantly reviewing federal and local guidance to provide you with […]
Read moreMarch 28, 2020Steve GrgasBlog Posts0 CommentsThe Coronavirus Aid, Relief, and Economic Security Act (CARES Act) March 28, 2020 Dear Clients, Colleagues and Friends, The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was officially signed into law by President Trump yesterday. The legislation is the largest emergency aid package in US history. The CARES Act is intended to provide a […]
Read moreFebruary 06, 2020Steve GrgasBlog Posts0 CommentsAngélique Kidjo takes home Best World Music Album for ‘Celia’ at the 62nd GRAMMY Awards By John Ochoa – GRAMMYs Jan 26, 2020 Angélique Kidjo won Best World Music Album for Celia at the 62nd GRAMMY Awards. This marks her fourth win in the category and fourth GRAMMY win overall. During her acceptance speech, Kidjo celebrated a new […]
Read moreJanuary 20, 2020Steve GrgasBlog Posts0 CommentsHopes for Year-End Tax Extenders Package Appear Dwindling Hopes for a year-end tax extenders package appear to be dwindling on Capitol Hill. Tax Extenders Need a Legislative Vehicle Over 30 expired or soon-to-be expired tax breaks known as tax extenders were originally considered a top contender for hitching a ride on a larger, must-pass government […]
Read moreJanuary 20, 2020Steve GrgasBlog Posts0 CommentsNew Rules Proposed on Charitable Contribution Related to SALT Benefits The IRS has released new proposed rules related to charitable contributions made to get around the $10,000/$5,000 cap on state and local tax (SALT) deductions. The proposed regulations: incorporate the safe harbor in Notice 2019-12 for individuals who have any portion of a charitable deduction […]
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