Year: 2021
American Rescue Plan Act – What we know so far
March 19, 2021
On March 11, President Biden signed into law the American Rescue Plan Act of 2021 (ARPA). The $1.9 trillion bill is extensive and we have outlined important details for our … Continued
Tax Deadline for Individuals Extended to May 17
March 18, 2021
On March 17, the IRS announced that the federal income tax filing and payment deadline for individual 2020 returns has been extended to May 17, 2021. Learn more about the … Continued
Post-Election Tax Outlook: Income Tax Components
February 01, 2021
With the results of the 2020 presidential and congressional elections behind us, President Biden has begun pursuing his agenda to tackle many pressing issues, including the downturn in the economy, … Continued
COVID-19 Update: PPP Round Two Loan Applications Open
January 21, 2021
On January 8 and again on January 19, the SBA, in consultation with the Treasury Department, released additional Paycheck Protection Program (PPP) forms and guidance related to the first round … Continued
Delaware Relief Grants Portal Reopened
January 20, 2021
The Delaware Division of Small Business announced that they have reopened their application portal on January 19, 2021 to small businesses and nonprofit organizations that have not already applied for … Continued
COVID-19 Relief Bill Provisions Affecting Individuals
January 20, 2021
Since March, BLS has been keeping our clients and friends apprised of new legislation and changes that have occurred due to COVID-19. This edition of our BLS Important Update is … Continued
Two Key Provisions of the COVID-19 Relief Bill – PPP and ERC
January 05, 2021
The COVID-19 Relief Bill was signed by President Trump on Sunday, December 27 and BLS prepared COVID-19 Relief Bill – What we know so far, which provided highlights of significant … Continued