COVID-19

The Latest Developments of the Employee Retention Credit Part 2: Preparing for an IRS Audit of ERC Claims

This is part 2 of a 3-part series that reviews the latest developments of the Employee Retention Credit (ERC), which was first introduced as…

Student Loan Relief Updates & Considerations

Update as of 10/24/22: the portal is live and accepting applications. The Administration is encouraging borrowers to submit for relief. Note that federal appeals…

The Latest Developments of the Employee Retention Credit

This is part 1 of a 3-part series that reviews the latest developments of the Employee Retention Credit (ERC), which was first introduced as…

Shuttered Venue Operators Grant: For-Profit Compliance Examination and Audit Requirements

The Shuttered Venue Operators Grant (SVOG) was provided to eligible for-profit entertainment businesses for COVID-19 relief. The federal grant – equaling more than $16…

M&A and the Looming Potential for a Recession

Where does M&A go from here? When the economy shut down in March of 2020 as a reaction to the pandemic, the government and…

Untapped Refunds – Employee Retention Credit 2020 & 2021

Although the Employee Retention Credit (ERC) was put into effect in early 2020, many organizations and businesses do not realize that they can still…

Common Findings Corner: The National Emergency Extension

Quick hits on hot topics for higher education institutions On February 18, 2022, President Biden extended the national emergency concerning the COVID-19 pandemic in…

U.S. Department of Treasury Releases Final Rule on the American Rescue Plan Act

The Coronavirus State and Local Fiscal Recovery Funds (SLFRF) program designates funds from the American Rescue Plan Act (ARPA) to provide assistance to state,…

Update on the Employee Retention Credit (ERC): Part One (v2)

Part 1 of 2 Congress introduced several provisions in 2020 to assist businesses and individuals dealing with the financial effects of the COVID-19 pandemic….

Recovery Startup Credit – New Feature with the Employee Retention Credit (ERC)

The Employee Retention Credit (ERC) has been one of the more widely used tax incentives introduced by Congress to provide pandemic relief to employers….

“Build Back Better” Blocked, or is a Rebuild in the Works?

The Administration and Congressional leaders pushed their domestic agenda for most of 2021. A key feature in their strategy was enacting the “Build Back…

Sikich’s M&D Industry Pulse Featured by the Society for Human Resource Management

Insights from the 2021 Industry Pulse: M&D were included in an article by the Society for Human Resource Management (SHRM). The article discusses COVID-19…

The Employee Retention Credit: an In-Depth Overview for Bankers Webinar Recording

Additional Resources: Sikich Employee Retention Credit Decision Tree Sikich PPP and ERC Comparison Chart IRS – Employee Retention Credit (ERC) – IRS Notice 2021-20…

Manufacturers recognize their production employees didn’t get a break during shutdowns – a Roundtable Recap

From lockdowns to material delays and shortages to keeping workforces safe and showing up each day, manufacturing and distribution companies’ grit and resiliency was…

Drive Employee Engagement in Manufacturing Recruiting Efforts

As the manufacturing industry continues to rebound from the COVID-19 pandemic, a major challenge preventing many companies from a “return to normalcy” is attracting…

The Latest Developments on Federal Tax Legislation Webinar Recording

Forecasted Impact of the Infrastructure Investment and Jobs Act in the Construction Industry

On November 15, President Biden signed the $1.2 billion Infrastructure Investment and Jobs Act (IIJA), offering an economic boost in the construction industry. The…

OSHA’s COVID-19 Federal Vaccine Mandate: What Employers Need to Know

The Wait is Finally Over… Or is it? On November 4, 2021, the U.S. Occupational Safety and Health Administration (OSHA) released its highly anticipated…

Ahead of national vaccine mandate, manufacturers’ vaccination rates remain low, report finds

CHICAGO — November 17, 2021 — Only 16% of manufacturers and distributors report a vaccination rate of greater than 80%, according to a new industry…

Creative Ways to Combat the Great Resignation

HR executives are all too familiar with the phenomenon media professionals are calling the ‘turnover tsunami,’ or ‘the great resignation,’ when it comes to…