Tax Updates + Resources

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Tax Updates for Businesses and Individuals during COVID-19

We’re here to help you with tax preparation, revenue planning, financial statements and more in this new legislative environment.

Understanding the Changing Tax Landscape

The Aldrich team is here to support you and your business as you face uncertainty. Our extended consulting services can help you find a way forward during economic hardship and make the most of the tax relief provided by the government. If you have questions about the tax implications to yourself or your business related to the outbreak, please contact your Aldrich Advisor.

What the Employee Retention Credit Means For You

Employee Retention Credit FAQ Guide

Read more
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Claiming an Employee Retention Credit for 2020 + 2021

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Credits, Deductions + More
The American Rescue Plan Act — Tax Credits + Expanded Relief

The American Rescue Plan Act — Tax Credits + Expanded Relief

How Remote Work Affects Your 2020 Taxes
How Remote Work Affects Your 2020 Taxes
Preparing your business to work from home
Home Office Deduction for 2020
PPP Expenses are Officially Tax-Deductible
PPP Expenses are Officially Tax-Deductible
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IRS Operations During COVID-19

To protect the public and employees, and in compliance with orders of local health authorities around the country, certain IRS services such as live assistance on telephones, processing paper tax returns and responding to correspondence are extremely limited or suspended until further notice. Learn more about IRS operations during COVID-19.

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Filing and Payment Deadline FAQ

The IRS developed this resource to answer common questions from taxpayers regarding eligibility, filing paying 2019 income taxes and 2020 first quarter federal estimated income taxes, IRAs and workplace-based retirement plans, HSAs and MSAs and more. Read the FAQ.

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State-by-State Tax Filing Guide

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