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Insight
Economic Hopes Are Dashed by the Delta Variant
Economists hoping for continued growth through 2021 are reassessing and resigning themselves to a cooling off of the expansion seen in the second quarter. The unexpected surge of the Delta variant has led to a drop-off in travel, events being canceled, businesses rethinking their re-openings, and a general sense of uncertainty that has halted hiring and generally diminished consumer confidence.

Julie Farless
Insight
PPP Loan Fraud: How One California Couple Managed to Take a Bad Situation and Make It Even Worse
According to one recent study, the Paycheck Protection Program - otherwise known as the PPP for short - had approved more than $521 billion in loans through the end of 2020. That money went to more than 4.8 million organizations at a time when it was desperately needed, as the still-ongoing COVID-19 pandemic began to make its way across the world. There's no debating that this program made a sizable impact, allowing certain organizations to survive that would have otherwise had difficulty doing so.

Bob Mason
Insight
PPP Loan Forgiveness Portal Now Open
Businesses who received Paycheck Protection Program loans may be able to get forgiveness in a new portal.

Frank Jenkins Jr
Insight
The IRS Will Automatically Correct Tax Returns for Unemployment Tax Breaks
If you overpaid taxes on your unemployment benefits, the IRS will automatically correct your return.

Gordon W. McNamee
Insight
The IRS Has Started Unemployment Benefit Tax Refunds for Those Who Overpaid
The American Rescue Plan exempted $10,200 of unemployment benefits from taxation. Learn more...

Gordon W. McNamee
Insight
SBA Reveals Initial Results of the Restaurant Revitalization Fund
The $28.6 billion Restaurant Revitalization Fund (RRF) has officially opened.

Julie Farless
Insight
Still Owed Stimulus Check Money? The IRS Can Make Adjustments When You File Your 2020 Taxes
Didn't get your stimulus check? Learn more about the recovery rebate credit...

Bob Mason
Insight
Which Small Business Industries Were Hurt Most by the Pandemic?
Some businesses fared better than others during the COVID-19 pandemic. Learn more...

Frank Jenkins Jr
Insight
Small Business Optimism is Growing as COVID-19 Restrictions Lift -- But Hiring is Still a Headache
Optimism among small business owners is improving, but the challenge of hiring persists. Learn more...

Sonu Shukla
In the face of economic uncertainty, TaxBuzz is the industry's most up-to-date tax information.
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