Gross Mendelsohn Blog | Government Contractors (2)

Construction & Real Estate | Government Contractors | Healthcare | Manufacturing & Distribution | Service Businesses

Infrastructure Legislation Terminates ERTC

By: David Leipnik November 19, 2021

The Infrastructure Investment and Jobs Act was signed into law on November 15. While most of the legislation is related to investing in the nation’s infrastructure, there were a couple of tax provisions included in the bill. Here’s what you should know about two of those tax provisions: one affecting businesses and the other affecting brokers of cryptoassets.

How to Report COVID-19 Employee Emergency Leave

By: Brian Nichols November 18, 2021

If your business or nonprofit used the fully refundable tax credits to cover the cost of COVID-19-related emergency paid sick leave (EPSL) or expanded family and medical leave (EFML) for employees, there are new reporting requirements for W-2 reporting for 2021.

Get more articles like this one!

Subscribe to our blog, and we'll send articles straight to your inbox when they're published.

2021 Employee Benefit Plan Audits: Big Changes On the Way

By: Lisa Johnson October 22, 2021

Business entities that sponsor employee benefit plans, and plan administrators with the responsibility for regulatory compliance of their benefit plans should take note. There are significant changes coming for 2021 employee benefit plan audits that will include new requirements for plan sponsors.

Quick Guide: Work Opportunity Tax Credit for Employers

By: David Lanchak October 07, 2021

The Work Opportunity Tax Credit is a long-standing tax benefit that encourages employers to hire employees from ten targeted groups facing barriers to employment.

Government Contractors

Quick Guide: Vaccination and COVID-19 Testing Costs for Government Contractors

By: Taylor Dean August 04, 2021

New mandates regarding COVID-19 vaccinations and mask requirements in federal buildings will mean big changes for government contractors.

How to Apply for and Calculate PPP Loan Forgiveness

By: David Goldner July 20, 2021

The Paycheck Protection Program (PPP) is in the forgiveness stage for most businesses. Here’s an overview on how to navigate the PPP loan forgiveness process.