COVID 19 and CARES ACT Archives - AccuPay | Payroll and Tax Services

IRS Warning about Aggressive ERC Promoters

March 21, 2023

Employee Retention Credit, Payroll, Taxes

The following IRS Newswire was issued on March 20, 2023 Issue Number: IR-2023-49 Inside This Issue IRS opens 2023 Dirty Dozen with warning about Employee Retention Credit claims; increased scrutiny follows…

ERC Tax Credits – Thoughts after Two Years

March 14, 2023

Larry the Payroll Guy

Employee Retention Credit, Payroll, Taxes

COVID, ERC, ERTC, Tax Credit

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AccuPay has been assisting our clients with various aspects of Employee Retention Tax Credits for over 2 years now. Our original role pertaining to ERC credits in early 2021 was…

Employee Retention Tax Credits – An Update

September 29, 2022

Larry the Payroll Guy

COVID 19 and CARES ACT, Employee Retention Credit, Payroll, Taxes

ERC, ERTC, Tax Credit

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AccuPay has been helping clients of our payroll/HR services firm calculate and file ERC tax credit claims, resulting in IRS refund checks, for 2 years now. We have educated many…

IRS Audits of ERC Tax Credits

June 30, 2022

Larry the Payroll Guy

Employee Retention Credit, Payroll, Taxes

ERC, ERTC, IRS Audit

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I recently came across an article written by Daniel Mayo, a contributing author to Forbes and a national tax partner for Withum, a “top 100” CPA/consulting firm. The article, titled…

Vaccine Mandates, Compliance, and Testing – What you Need to Know

December 16, 2021

Larry the Payroll Guy

COVID 19 and CARES ACT, HR Management

COVID, OSHA, Vaccine

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On September 9, 2021, President Biden announced a series of actions as part of the federal government’s “Path Out of the Pandemic” plan. Among these initiatives were vaccine mandates directed…

Don’t Leave IRS Refunds on the Table – ERC Myths

November 10, 2021

Larry the Payroll Guy

COVID 19 and CARES ACT, Employee Retention Credit, Payroll, Taxes

ERC, ERTC, tax

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AccuPay has been very active in helping our employer-clients obtain employee retention tax credits for both years 2020 and 2021. Employee Retention Tax credits were part of the CARES Act…

Heads Up – Deferred FICA Tax Due Soon

September 8, 2021

Larry the Payroll Guy

COVID 19 and CARES ACT, Payroll, Taxes

Deferred FICA, Employer FICA, Repay FICA

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Section 2302 of the March 2020 CARES Act provided many stimulus opportunities to employers, one of which was the option for all employers to defer/postpone the payment of the employer…

IRS Refunds for New Employers 2020/2021

July 28, 2021

Larry the Payroll Guy

COVID 19 and CARES ACT, Taxes

Employee Retention Credit, ERC, New Business

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A little known component of the Employee Retention Tax credit provisions, as modified by the American Rescue Plan Act, is that “recovery startup businesses” qualify for employee tax credits during…

ERC Tax Credit Money – Take this Quick Quiz!

May 26, 2021

Larry the Payroll Guy

COVID 19 and CARES ACT, Employee Retention Credit, Payroll, Taxes, Uncategorized

American Rescue Plan Act, CARES Act, COVID, Employee Retention Credit, Tax Credit

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We have talked to many employers who are not aware that they qualify for the employee retention tax credit (ERC). The original CARES Act legislation provided that an employer could…

Tax Credits – Vaccine, Tests and COVID PTO

May 3, 2021

Larry the Payroll Guy

COVID 19 and CARES ACT, Employee Retention Credit, Payroll, Taxes

American Rescue Plan Act, ARPA, COVID, Employee Retention Credit, PTO, Tax Credit

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The American Rescue Plan Act (ARPA), signed by President Biden on March 11, 2021, extended the previous FFCRA tax credits for COVID sick/leave paid time off, and also added some…