by GPwebsiteV3! | Jul 29, 2021 | Business, Covid-19, GP Articles
In June, the U.S. Department of Health and Human Services (HHS) revised the Provider Relief Fund (PRF) Post-Payment Notice of Reporting Requirements that was originally issued on January 15, 2021. On July 1st, HHS opened their portal for recipients of the Provider...
by GPwebsiteV3! | Jun 4, 2021 | Business, Covid-19, GP Articles, Tax
Let’s face it, it’s been a dark year and a half since much of the country shut down with the coronavirus pandemic. Now, many businesses that believed they had made it through the worst of it are facing pandemic aftershocks that are shaking up business models around...
by GPwebsiteV3! | Mar 25, 2021 | Covid-19, GP Articles, Tax
The American Rescue Plan Act (ARPA) signed into law earlier this month by President Biden made significant temporary enhancements to the child tax credit (CTC). These enhancements temporarily expand the eligibility for, and the amount of, the child tax credit (CTC)...
by GPwebsiteV3! | Jan 15, 2021 | Covid-19, GP Articles
The Consolidated Appropriations Act passed in late December revived and expanded the Paycheck Protection Program (PPP). Established under the CARES Act, PPP furnished loans to businesses to pay employee wages and other necessary expenses (rent, utilities, and...
by GPwebsiteV3! | Nov 11, 2020 | Covid-19, GP Articles, MS State
On October 9, 2020 the Mississippi Rental Assistance Grant Program (MRAP) was established to award grants to owners and landlords of Mississippi rental property. When the CARES Act passed in March of this year, it included a moratorium on evictions for non-payment of...
by GPwebsiteV3! | Sep 1, 2020 | Covid-19, GP Articles
On August 8, 2020 President Trump issued an Executive Order allowing the deferral of payroll tax obligations due to the continuing Covid-19 crisis. Last Friday, the IRS issued guidance related to the implementation of this Order (Notice 2020-65). The Order allows...
