Child Tax Credit Information

Wednesday, July 14, 2021
As part of the American Rescue Plan Act that was enacted in March 2021, the child tax credit:Amount has increased for certain taxpayersIs fully refundable (meaning you can receive it even...... Read More

Here Come the Child Tax Credit Payments: What You Need to Know

Tuesday, July 06, 2021
The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million households in mid-July 2021 — unless, that is, they opt...... Read More

COBRA Premium Subsidy Update

Friday, April 09, 2021
The Department of Labor has a new website for the COBRA Premium Subsidy under the American Rescue Plan Act (ARPA). Please refer to the DOL website for Model Notices that...... Read More

Payroll and Business Provisions of the American Rescue Plan Act

Thursday, April 01, 2021
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA) to address the continuing economic impact on employers and employees the Coronavirus (COVID-19) pandemic has posed....... Read More

Deductibility of Business Meals Provided by Restaurants in 2021 and 2022

Tuesday, January 12, 2021
You have probably heard that the recent stimulus legislation, the Consolidated Appropriations Act, 2021 (CAA, 2021), included a provision that removes the 50% limit on deducting business meals provided by...... Read More

2020 Covid Relief Bill Provisions Affecting Individual Taxpayers

Tuesday, January 12, 2021
Following is an overview of key provisions in the recent COVID relief legislation signed by the President on December 27, 2020, that affects individuals. The legislation is the COVID-related Tax Relief...... Read More

New Law's Tax Provisions That Affect Businesses

Tuesday, January 12, 2021
The Consolidated Appropriations Act, 2021 (the CAA, 2021), signed into law on December 27, 2020, is a further legislative response to the coronavirus (COVID-19) pandemic. The CAA, 2021 includes--along with...... Read More

Coronavirus Aid, Relief, and Economic Security (CARES) Act - Business Provisions

Friday, January 01, 2021
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress's economic stimulus package, signed into law by the President on March 27, 2020.  Below is information on provisions in the CARES...... Read More

COVID-19 Information & Resources

Tuesday, December 29, 2020
Below is a list of useful links with information regarding the novel coronavirus disease (COVID-19).  Information is released daily so please check our website regularly for updated information.Axley & Rode,...... Read More

Payroll Protection Program Flexibility Act

Friday, June 05, 2020
The President signed into law the Payroll Protection Program Flexibility Act on 06/05/2020. The major provisions of this Act are as follows:The covered period is extended to the earlier of...... Read More