In a labor-heavy field, the Employee Retention Credit (ERC) could offer significant benefits for many employers across the construction industry.
Federal Tax Credits Can Provide Tax and Cash Savings
Taxpayers that are looking for ways to reduce their tax bill and boost their bottom line may still be able to take advantage of federal tax credits or incentive programs in 2021. In some cases, taxpayers also may still be able to claim benefits for prior
years.
Summer 2021 Nonprofit Standard Newsletter
Stay abreast of the continuing impacts the coronavirus is having on the nonprofit industry and ways to adapt to all the changes, as well as to catch up on key trends in the nonprofit industry!
Missing Participants: What Plan Sponsors Need to Know About the DOL’s Latest Guidance
While the DOL’s latest guidance on missing participants doesn’t have the force and effect of the law, plan sponsors should carefully review this guidance and adjust their processes and procedures as necessary ahead of any potential missing participant investigations.
The Tax Implications of Paycheck Protection Program Loan Forgiveness
Now that the dust has settled on the three rounds of PPP loan funding, it important to consider the tax implications of these loans and the forgiveness thereof.
New Lease Accounting Standards: Is Your Construction Company Prepared?
While it isn’t at our doorstep yet, early awareness and adoption of the new lease accounting standard can lead to less headache in the future.
Construction Salary Benchmark Report Now Available!
CICPAC has access to a sampling of the most comprehensive salary data available in the construction industry and we are excited to share that with our clients.
Spring 2021 Nonprofit Standard Newsletter
Stay abreast of the continuing impacts the coronavirus is having on the nonprofit industry and ways to adapt to all the changes, as well as to catch up on key trends in the nonprofit industry!
What Individuals Need to Know About the American Rescue Plan Act
The American Rescue Plan Act of 2021 (ARPA), signed into law by President Biden on March 11, 2021, provides additional major relief to individuals and businesses that continue to be impacted by the COVID-19 pandemic. In this blog, we will cover the latest ARPA provisions related to individual taxpayers.
FAQs For Plan Sponsors and Employees on Cares Act Relief
Below is a list of some of the most common questions plan sponsors face, along with our brief answers.