Tag Archives: pandemic
Office Attendance in Manhattan Increases, More Companies Sticking to Hybrid
Over the last few months, office attendance in Manhattan rises slightly among some of the largest employers in the city. However, an overwhelming number of workplaces will stay hybrid this year. Among the least likely to show up in person … Continue reading
Pre Pandemic activities becoming normal again, NY Sales Tax Soaring
Sales tax for the 3rd quarter increased this year in New York by double-digit percentages. A large reason for that is a lot of pre-pandemic activities in New York City, like going to see shows at the theater and … Continue reading
Improperly Forgiven PPP Loans Can Be Taxed, Says The IRS
This past Wednesday, the Internal Revenue Service made a statement saying that improperly forgiven Paycheck Protection Program (PPP) loans are taxable. The statement was made after federal investigators uncovered billions of dollars in fraud related to several pandemic relief programs … Continue reading
Small Business Firms May Be Eligible to Receive a $25,000 Tax Credit for Covid Costs
During the pandemic in 2021, many businesses had to make some unexpected purchases to help slow the spread of COVID-19 within their company. These purchases included things like masks cleaning supplies, and outdoor seating, among other expenses aimed at reducing … Continue reading