Erickson, Brown & Kloster, P.C. Newsletter for [date]
Erickson, Brown & Kloster, P.C. Newsletter for Thursday, April 08, 2021
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IRS to Recalculate Taxes for Unemployment Break

Legislation passed in March gave a break to many taxpayers who received unemployment insurance payouts in 2020. Click through for IRS guidance on how to make sure you reap the benefits.

Popular PPP Loan Program Gets Extension

The PPP loan program, which has proved a lifesaver to many businesses during the pandemic, is getting a reprieve — eligible businesses now have until May 31 to apply. Click through for the details on the extension.

An Overview of Federal and State Overtime Exemption Laws

Depending on where you do business, some of your employees may be subject to federal and state overtime exemption laws. Click through for a primer on the complex rules that govern overtime requirements.

What Is Imputed Income?

Do you provide taxable fringe benefits to your employees? If so, the value of the item is considered imputed income. Click through to learn how laws about imputed income can affect your company.

Erickson, Brown & Kloster, P.C.
Erickson, Brown & Kloster P.C.
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Phone: (719) 531-0445
info@ebkcpa.com
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4565 Hilton Parkway Suite 101
Colorado Springs, CO 80907
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Any accounting, business, or tax advice contained in this communication, including attachments, is not intended as a thorough, in-depth analysis of specific issues or a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, Erickson, Brown & Kloster, P.C. would be pleased to perform the requisite research and provide you with a detailed analysis
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