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CMS and OSHA Vaccine Mandate Rulings

On January 13, 2022, the Supreme Court ruled in a 5-4 vote to uphold the COVID-19 vaccine mandate in place for healthcare workers under CMS.

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January 19, 2022

CMS and OSHA Vaccine Mandate Rulings

On January 13, 2022, the Supreme Court ruled in a 5-4 vote to uphold the COVID-19 vaccine mandate in place for healthcare workers under CMS.

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July 15, 2021

Child Tax Credit Advanced Payments

In March 2021, the American Rescue Plan expanded the Sec. 24 Child Tax Credit in several ways. The amount of the credit was increased...

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June 22, 2021

Forgiveness Deadline for Round One PPP Fast Approaching

Nearly all recipients of Paycheck Protection Program Round 1 loans are well aware that their loans are fully forgivable if spent properly...

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June 21, 2021

Delayed Filing for Tax Returns

As a result of the pandemic and many changes within IRS operations, over 35 million tax returns will require manual review, thus delaying...

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March 26, 2021

Senate Passes Clean PPP Extension

Today, March 25, the Senate voted 92-7 in favor of legislation to extend the Payroll Protection Program (PPP) application window to May 31...

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March 26, 2021

2021 American Rescue Plan: What You Need To Know

The American Rescue Plan (ARP) was passed by Congress in early March 2021. In addition to the well- documented stimulus payments...

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March 17, 2021

New Tax Day Deadline: Monday, May 17, 2021

It’s official: The Internal Revenue Service has pushed the April 15 tax day deadline to May 17. That means that individuals can postpone filing...

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March 1, 2021

Tax provisions in the American Rescue Plan Act

The $1.9 trillion stimulus plan passed by the House of Representatives early Saturday contains many tax provisions, including a new round...

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February 10, 2021

SBA Guidance: First and Second Draw PPP Loans

The Consolidated Appropriations Act (CAA) signed into law at the end of December 2020 reopened the Paycheck Protection Program (PPP)...

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January 25, 2021

Employee Retention Tax Credit 2021 - What You Need To Know

This article discusses the major changes to the employee retention tax credit (ERTC) specifically those related to January-June, 2021.

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January 15, 2021

PPP Second Draw Loans to Start January 2021

Second Draw PPP Loan applications are now available for small businesses.

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December 31, 2020

Small Business Relief in New Bill

A message from Dean Krech regarding the new COVID-19 relief bill for small business...

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December 28, 2020

Congress passes COVID-19 aid package containing billions in funding and tax breaks

After months of negotiations in Washington, an agreement has been struck on a new aid package to address the ongoing fallout...

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December 21, 2020

Changes In Latest Covid Relief Package

When Congress initially responded to the Covid-19 pandemic by passing the CARES Act on March 27th, 2020...

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November 2, 2020

IRS Offers New Relief Options to Help Taxpayers Affected by COVID-19

At the IRS, we recognize these are challenging times for everyone, and we understand that many Americans still face COVID-related ...

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October 9, 2020

Simpler PPP Forgiveness for Loans of $50,000 or Less

The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness...

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August 31, 2020

Emerging Tax and Regulations Alert for 08/31

On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting...

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July 23, 2020

Gov. Lee Announces $150 Million in Relief Funds for Tennessee Non-Profits

Today Tennessee Governor Bill Lee and the Financial Stimulus Accountability Group announced $150 million in Coronavirus Relief...

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July 20, 2020

PPP Loan Forgiveness Consulting and Application Services

The Paycheck Protection Program (PPP) was created by the CARES Act and rolled out on April 3 to help keep American workers...

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July 6, 2020

Trump Signs PPP Extension Bill

On Tuesday, June 16th, the US Treasury released an updated version of the often-criticized PPP Loan Forgiveness Application...

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June 22, 2020

Updated Guidance on PPP Loan Forgiveness Now Available

On Tuesday, June 16th, the US Treasury released an updated version of the often-criticized PPP Loan Forgiveness Application...

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June 19, 2020

The (Not Quite) Definitive Guide To PPP Forgiveness

In the last week, the Small Business Administration has released a flurry of guidance...

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June 8, 2020

Congress Agrees On Favorable Changes To PPP

Earlier today, the Senate unanimously approved H.R. 7010, a bill that will dramatically alter several critical terms...

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May 18, 2020

SBA Releases Paycheck Protection Program Loan Forgiveness Application: A Deep Dive

On Friday, May 15th, the Small Business Administration (SBA) released the application borrowers of a Paycheck Protection Program...

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April 27, 2020

New Emerging Tax & Regulation Alert

Congress and the Trump administration have struck a deal on another piece of legislation, the latest in a series of federal...

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April 12, 2020

Treasury Announces Main Street Lending Program for Mid-Sized Businesses

Pursuant to section 13(3) of the Federal Reserve Act, U.S. Treasury Secretary Steven...

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April 12, 2020

The IRS Extends More Federal Tax Deadlines

The IRS extends more federal tax deadlines. The extension, detailed in Notice 2020-23...

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April 3, 2020

Payroll Protection Loan – Get Ready, Get Set, Wait

We have been monitoring the ongoing saga of the Payroll Protection Program. What is clear...

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April 3, 2020

CARES Act: What Americans Need To Know About Recovery Rebates

In response to the unprecedented challenges facing many Americans, the “Coronavirus Aid...

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March 31, 2020

Coronavirus Aid, Relief, and Economic Security Act: What Small Businesses Need to Know

On March 27, 2020 , after many sectors of the economy have come to a virtual stand-still and...

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March 31, 2020

CARES Act Provides COVID-19 Pandemic Relief to Businesses

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) represents the third phase...

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March 30, 2020

Tax Filing and Payment Extension: COVID-19 Relief

The Tennessee Department of Revenue has extended the due date for filing and paying the...

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March 30, 2020

Small Business Act Loans Under the CARES Act

On Friday, March 27, 2020, President Trump signed the “Coronavirus Aid, Relief, and Economic...

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March 30, 2020

The CARES Act and What it Means for Nonprofits

Many nonprofit associations are hailing the CARES Act for the provisions that will benefit...

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March 26, 2020

CARES Act to Provide Billions of Dollars of Relief for Many

After extensive negotiations between the U.S. House of Representatives, the U.S. Senate and the...

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March 23, 2020

Treasury Delays Tax Filing and Due Dates 90 Days

This past Tuesday, U.S. Treasury Secretary Steven Mnuchin announced the standard April 15...

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March 22, 2020

Families First Coronavirus Response Act Expands Paid Sick Leave, Family Leave

On March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act...

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March 21, 2020

Nonprofits Seek $60 Billion in Federal Aid

This request is so important to the Chattanooga community. At JHM, we are closely involved with...

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