What to Know About the Restaurant Revitalization Fund
Friday, May 21, 2021 – The American Rescue Plan Act established the Restaurant Revitalization Fund to provide funding to help pandemic-affected restaurants. According to the Small Business Administration, the Fund… [more]
Popular PPP Loan Program Gets Extension
Wednesday, May 19, 2021 – With wide bipartisan support, Congress approved the “PPP Extension Act of 2021,” which extends the Paycheck Protection Program. It had been scheduled to expire on… [more]
2020 Maryland Tax Forms: Why Your Federal Tax Return Is Being Extended
Friday, April 30, 2021 – As you know by now, the Federal tax filing and payment deadline has been extended to May 17, 2021, and Maryland has been extended to… [more]
Another COVID challenge requiring patience: Filing income tax returns!
Friday, April 9, 2021 – The Federal tax filing and payment deadline has been extended to May 17, 2021; Maryland to July 15, 2021. Although tax filing deadlines have been… [more]
IRS Extends Tax Filing Deadline for Individuals to May 17, 2021
Thursday, March 18, 2021 – The Treasury Department and IRS announced yesterday that the federal income tax filing due date for individuals for the 2020 tax year will be automatically… [more]
BREAKING NEWS: Maryland Extends April 15 Deadline
Thursday, March 11, 2021 – Today Maryland Comptroller Peter Franchot announced that he is extending the state income tax filing deadline by three months: to July 15, 2021. As of… [more]
Update on the Employee Retention Credit and Its Expanded Opportunities for Businesses
IMPORTANT UPDATE on Employee Retention Credit! See also our blog posts of September 29, 2021 and October 20, 2021. By Angela K. Murphy, CPA, Manager Wednesday, March 10, 2021 –… [more]
Maryland Business Taxpayer Alert!
Friday, March 5, 2021 – Remember when we shared with you the good news regarding the Maryland 523 tax payments? Well, the chickens are coming home to roost now. Last… [more]
Inside LSWG – February 2021
Thursday, February 18, 2021 – We are pleased to announce two new staff members have joined the LSWG team. Join us in welcoming… We’re pleased to announce the return of… [more]
Maryland’s Small Businesses Receive Additional Aid in the RELIEF Act of 2021
By David A. Wolford, CPA, LSWG Supervisor Tuesday, February 16, 2021 – On Monday, February 15, 2021, Maryland signed into law the RELIEF Act of 2021. Included in the law… [more]