Employee Spotlight: Lisa Johnson
Lisa joined the De Boer Baumann team in 2010. She was one of our initial hires when the South Haven office first opened! Lisa received her bachelor’s and master’s degrees from Western Michigan University …
Interaction between PPP Loans and the Employee Retention Credit
The Consolidated Appropriations Act, 2021 (CCA), which was passed by Congress and signed by the president late last December, included a very tax-beneficial provision that liberalized the interaction between PPP loans and the Employee …
Employee Retention Credit Extended
In order to help trades and businesses to retain employees and keep them employed during the COVID-19 crisis, the Coronavirus Aid, Relief, and Economic Security (CARES) Act created the Employee Retention Credit for 2020. …
Increased Business Meal Deductions for 2021 and 2022
If you recall, the Tax Cuts and Jobs Act (TCJA), effective beginning in 2018, eliminated the business-related deduction for entertainment, amusement or recreation expenses. However, it did retain a deduction for business meals when …
Unemployment Fraudsters May Create a Tax Nightmare for Unsuspecting Taxpayers
As if this past year with all of its pandemic perils has not been stressful enough, the Office of the Inspector General for the Department of Labor has just added to our anxieties by …