Michigan Small Business: Reopen the Economy for Sustainable Recovery
If Governor Whitmer is serious about helping small businesses recover from the pandemic, then open Michigan’s economy
Employee Retention Tax Credit Updated, Expanded for Q1 and Q2 of 2021
The federal government recently expanded a tax credit for Q1 and Q2 of this year, making up to $14,000 available per employee. It’s also available retroactively for 2020, so talk to your tax professional about it soon.
FYI: Reporting the Refusal to Return to Work or Suitable Work
Crucial Small Business Tax Relief Bill Passes State Senate
CT State Director Publishes Op-Ed on What Small Businesses Wants This Legislative Session
Maine State Director Weighs in on Gov. Mills’ Plan to Not Tax Most Small Businesses’ PPP Loans
Governor Janet Mills issued a news release on Tuesday, February 9, 2021 about her new plan to avoid imposing state taxes on forgiven funds from Paycheck Protection Program loans, and to allow deductions for loan expenses. In that proposal, certain businesses with loans larger than $1 million would b