The IRS has provided guidance for employers, plan administrators, and health insurers regarding the new credit available to them for providing continuation health coverage to certain individuals under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) during the COVID-19 (Coronavirus) emergency. COBRA provides eligible former employees, retirees, spouses, former spouses, and dependent children with […]
San Francisco Tax Preparation / CPA: Employers Entitled to Claim Refundable Tax Credits for Providing Paid Sick Leaves to Employees
The IRS has reminded employers that under the American Rescue Plan Act of 2021 (ARP) ( P.L. 117-2), small and midsize employers and certain government employers are entitled to claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COVID-19. This includes leave […]
The IRS has reminded taxpayers who owe 2020 taxes that there are different ways to pay their taxes online, including payment options for many people who cannot pay in full. The IRS stated that the most important thing that taxpayers with a tax bill should do is file a return by the May 17 due […]
Other Recent Posts
With Covid-19, many tech workers fled not only to other states like Idaho or Texas but also to other countries like New Zealand, Australia, and Canada. Now the tax burden is coming due for 2020 and 2021.
July 1, 2021 – San Francisco, California. Safe Harbor CPAs, a team of best-in-class accountants in San Francisco, California, is proud to announce new job opportunities for accountants in the city.
San Francisco, California – June 29, 2021. Safe Harbor LLP, a San Francisco CPA firm focused on high net-worth individuals and Bay Area businesses is proud to announce content updates focused on helping busy San Francisco residents and businesses to locate up-to-date tax advisory and tax planning services.