May 11, 2021 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Private Equity-SBICs and Venture Capital, Real Estate, Tax News
Small and midsize employers, and certain governmental employers, can claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COVID-19, including leave taken by employees to receive or recover from...
May 6, 2021 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Personal Financial Planning, Private Equity-SBICs and Venture Capital, Real Estate, Tax News
The Department of Homeland Security has announced it is “taking action to ensure that American businesses are equipped with the resources needed to recover successfully and contribute to the economic health of local communities.” Citing increased labor...
May 4, 2021 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Hospitality, Tax News
According to the Small Business Administration, the Restaurant Revitalization Fund will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not...
Apr 28, 2021 | MCB Happenings
As we are seeing the light at the end of the COVID-19 pandemic tunnel with vaccinations increasing, restaurants and schools re-opening, more fans at sporting events, and concerts on the horizon, we wanted to reflect on the past year and acknowledge the resilience and...
Apr 22, 2021 | Private Equity-SBICs and Venture Capital, Tax News
An S corporation is a “pass-through” entity — profits and losses from the corporation are reported on the tax returns of individual shareholders who also are responsible for paying S corporation tax. The S corporation has a responsibility to file an...
