In Notice 2021-20, the IRS issued detailed guidance for employers claiming the employee retention credit for calendar quarters in 2020. The credit was created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L 116-136, and amended by the Consolidated Appropriations Act, 2021, P.L 116-260. The IRS says the guidance in the notice is […]
Archives for March 2021
The relationship between IoT and taxes: It’s complicated
IoT allows us to streamline workflows, optimise resources, and deliver better customer service. The rollout of 5G and the impact on download speeds and scalability has driven even greater demand for IoT solutions for consumers, businesses, and the government, says Toby Bargar, the senior tax consultant at Avalara. From smart speakers to crop management systems […]