Shuttered Venue Operators Grant Program Reopens: Details & Resources

The Shuttered Venue Operators Grant (SVOG) program, originally scheduled to reopen on Saturday, is now open as of today, Monday, April 26, 2021 at 12:00 p.m.

Looking Ahead: Providing Optimal IT Support for Remote Employees

If you were to ask your IT staff about how tech support for remote employees is going, they might say something along the lines of, “Fantastic! Never better!” However, if you asked remote workers the same question, their response could be far less enthusiastic.

New COVID-19 Relief Provides Tax Benefits for Small Businesses and Individuals in Massachusetts

On April 1, Massachusetts Governor Charlie Baker signed into law a new COVID-19 relief legislation package with tax impacts for small business owners and individuals.

401k Plan Audits – Part 2: What Do Auditors Review?

When a business reaches a certain number of eligible participants for their 401(k) Plan, federal law requires an independent audit of the Plan. While larger companies may be familiar with this process, many small business owners may find themselves in uncharted territory the first time their number of eligible participants increases above the threshold amount. In this second blog in our 3-part series, we’ll discuss what auditors review during a 401(k) Plan audit.

Is Your Business Eligible for a Restaurant Revitalization Fund Grant?

The American Rescue Plan Act introduced several new relief programs for small businesses, including the Restaurant Revitalization Fund—designed to provide relief for restaurants and other food and drink establishments that were hit hard in the last year as a result of the ongoing COVID-19 pandemic.

401k Plan Audits – Part 1: Does Your Company Require One?

When a business reaches a certain number of eligible participants for their 401(k) plan, federal law requires an independent audit of the plan. While larger companies may be familiar with this process, many small business owners may find themselves in uncharted territory the first time their number of eligible participants increases above the threshold amount. In this 3-part blog series, we’ll cover the basics of 401(k) plan audits.

Exclusive New PPP Application Window Established for Smallest Businesses

On Monday, the Presidential administration announced that on Wednesday, February 24th, a new two-week Paycheck Protection Program (PPP) loan application window will open specifically for businesses with fewer than 20 employees.

The Future of Recruiting: 5 Considerations for Staffing Firms

In light of the COVID-19 pandemic, many employers have shifted to a remote workforce—and in turn, the staffing industry has had to pivot as well, implementing remote recruiting, hiring, and onboarding strategies. While some employees have now returned to the office, many are continuing to work remotely, and will for the foreseeable future. And with employers and employees finding that a remote work strategy can be just as effective, while saving costs for employers and providing a better work-life balance for employees, remote work is definitely here to stay on a larger scale than ever before. So what does this mean for the staffing industry?

Paid Family and Medical Leave Benefits Now Available in Massachusetts

In 2018, Massachusetts passed a landmark bill requiring all employers in the state to provide workers with paid family and medical leave (PFML), giving Massachusetts one of the most generous paid family and medical leave programs in the country. At the time of the legislature, the state outlined a three-year approach, with deadlines for employer and employee contributions into the Family and Employment Security Trust Fund, through which the program will be funded.

1099 Filings: Upcoming Deadlines and Important Changes for Businesses

As a CPA firm, we prepare 1099 forms for many of our clients, and as the deadlines for these filings approach, we thought it would be beneficial to provide an overview of the 1099 process and upcoming deadlines, as well as some important changes that take effect this year.